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FG launches Micro Pension Plan for informal sector

FG launches Micro Pension Plan for informal sector

As part of the federal government’s initiative to achieve financial inclusion, a diversified and inclusive economy, President Muhammadu Buhari has formally launched the Micro Pension Plan (MPP). The MPP, an initiative of the National Pension Commission (PenCom), which is expected to significantly expand pension coverage to informal sector players including self-employed persons and employees of […] …

CBN mobilises school children to embrace saving culture

CBN mobilises school children to embrace saving culture

The Central Bank of Nigeria (CBN) has started a campaign to educate school children about money, saving, creating livelihoods and becoming an entrepreneur. The CBN’s Deputy Governor, Financial System Stability (FSS), Mrs. Aisha Ahmad led some CBN Directors to visit some schools within Abuja as part of activities to mobilise secondary school children to embrace […] …

itel Mobile introduces new max-power battery smartphones

itel Mobile, Africa’s foremost customer-centric brand, has revealed in Lagos its latest gadget technology with the highly anticipated unveiling of a significant upgrade to its existing super Max-power flagship series – the itel P33 and itel P33 plus, with a heroic, My power, my hero. The budget-friendly and high-quality smartphones company with premium legacy of […] …

NNPC recruitment enters second phase

NNPC recruitment enters second phase

The Phase One of the ongoing recruitment exercise by the Nigerian National Petroleum Corporation (NNPC), which kicked off via nationwide advertisements in the national dailies and online media on Wednesday, March 13 ends tonight with the closure of the corporation’s application portal. READ ALSO: We are recruiting, NNPC confirms A release on Wednesday in Abuja by […] …

NGC to create rapport with 350 host communities

NGC to create rapport with 350 host communities

The Nigerian Gas Company (NGC) on Wednesday said it would continue to develop a robust and sustainable relationship with its over 350 host communities in the country to enhance business growth. The Managing Director of NGC, Babatunde Bakare gave the assurance during the official inauguration and hand over of a Basic Health Centre to the Oniparaga […] …

Court to rule on AGF’s objection to MTN’s suit May 7

Court to rule on AGF’s objection to MTN’s suit May 7

The Federal High Court in Lagos on Tuesday reserved ruling on a preliminary objection by the Attorney-General of the Federation (AGF) challenging a N3billion suit by MTN Nigeria Communication Ltd. MTN sued the AGF for demanding N242 billion and $1.3 billion as import duties and withholding tax assessments from it. By a September 10, 2018 […] …

NLNG risks N1b fine for local content infringement

NLNG risks N1b fine for local content infringement

The Nigeria Liquefied Natural Gas Limited (NLNG) may incur a fine of about N1 billion for failure to comply with the Nigerian Local Content Policy. A Niger Delta- based company, Macobarb International Ltd, while disclosing disclosed this on Tuesday, alleging the NLNG had maliciously and fraudulently terminated its contract. Macobarb’s Managing Director, Mr. Ogboru Shedrack, […] …

Why revenue from mining is low, by NIMG DG

Why revenue from mining is low, by NIMG DG

Director-General/Chief Executive Officer, Nigerian Institute of Mining and Geosciences (NIMG), Prof. Suleiman Hassan, on Monday attributed the low revenue from the mining sector to use of obsolete equipment by artisanal miners operating in the industry. Hassan stated that this has prevented the Federal Government from getting the revenue that is expected from the mining sector. […] …

Why Chinese are making it in Nigeria — Don

Why Chinese are making it in Nigeria — Don

Prof. Muyiwa Falaiye, the Director of the Institute of African and Diaspora Studies (IADS), University of Lagos (UNILAG), on Tuesday said the Chinese had seen opportunities in factors that posed challenges to Nigerians. Falaiye told the News Agency of Nigeria (NAN) in Lagos that it was so because Nigerians at home and abroad had yet […] …

MTN yet to submit application for listing, says SEC

MTN yet to submit application for listing, says SEC

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has said that MTN Nigeria has not filed any application that could kick-start regulatory consideration of the proposed listing of the telco on the Nigerian stock market. SEC stated that while there had been some engagements with the telco, MTN Nigeria or its professional parties […] …

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