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Luxury tax, mega merger to shape 2019

Luxury tax, mega merger to shape 2019

Omodele Adigun As today ushers in a new year, we serve you the events that will likely shape this 2019 in the banking /finance terrain. The much-anticipated luxury tax is expected to take off any moment from now if hints from the Chairman of the Federal Inland Revenue Service (FIRS) , Mr. Babatunde Fowler, is […]
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$5.4bn spent on Paris Club refund to states – Minister

$5.4bn spent on Paris Club refund to states – Minister

Uche Usim, Abuja The Minister of Finance, Mrs Zainab Ahmed, on Monday disclosed that the Buhari administration has spent $5.4 billion to settle states’ Paris Club over deductions, $6.8 on Joint Venture Cash Calls and N1.9 trillion on Contractor/Export Expansion Grant (EEG), in its efforts toclear the debts and liabilities inherited from previous administration. Speaking at […]
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PenCom urges pension contributors to update biometrics

PenCom urges pension contributors to update biometrics

NAN The National Commission (PenCom), has advised contributors to update their records with the Pension Fund Administrators (PFAs) in a bid to ensure the smooth running of the Retired Savings Accounts (RSA). The Head, Corporate Communications PenCom, Mr Peter Aghahowa, gave the advice in an interview with the News Agency of Nigeria (NAN) in Lagos. […]
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PENCOM sensitises on micro-pension

The National Pension Com-mission (PENCOM) has sensitised  Nigerians on micro-pension, multi-fund structure, voluntary contribution and other issues under the Contributory Pension Scheme (CPS). The enlightenment was done at the just-concluded Lagos  International Trade Fair. PenCom’s Head of Corporate Communications Peter Aghahowa said the pension clinic was used to clarify pension-related matters that bother workers andRead More …

PenCom, PFAs pay N10.6b to 25,629 out- of-job contributors

PenCom, PFAs pay N10.6b to 25,629 out- of-job contributors

Disengaged workers numbering 25,629 have claimed 25 per cent of their pension fund to the tune of N10.62 billion between January and June, 2018. This was shown in a report by the National Pension Commission (PenCom). The workers were paid by their respective Pension Fund Administrators (PFAs) with PenCom approval. They were under the Contributory […] …

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