The National Pension Commission has disclosed that N27.97bn has been recovered from defaulting employers since the commencement of its recovery exercise in June 2012. According to PenCom, which is …
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Transformer vandalism blamed on Ikeja Electric’s negligence
Residents of The Exclusives Community Development Association, Teachers’ Quarters, Selewu, Igbogbo, in the Ikorodu area of Lagos State, have blamed the vandalisation of their electricity distribution transformer on the …
Read More »FG saves N900bn for infrastructural funds in nine months
With a monthly deduction of N100bn from the gross revenue of the federation, the Federal Government has saved a total sum of N900bn proposed to be spent for state …
Read More »The Lekki Peninsula: How the best restaurants, bars are shaping Lagos real estate
The Lekki peninsula stands out as a beacon of modernity and luxury. Over the past decade, Lekki has transformed from a quiet, residential area into a sought-after destination for both …
Read More »FG N40,000 rice out of reach, Nigerians lament
Nigerians have again expressed frustration over the difficulties in accessing the Federal Government’s N40,000 subsidised rice launched on September 6, 2024, in Abuja. The Minister of Agriculture and Food …
Read More »US govt pledges support for Nigerian women entrepreneurs
The United States Government has reaffirmed its commitment to empowering women entrepreneurs in Nigeria to fulfill their economic potential, creating conditions for increased stability, security, and prosperity for all. …
Read More »NOSDRA vows to improve oil sector environmental regulations
The National Oil Spill Detection and Response Agency has vowed to improve environmental regulations in the petroleum sector by accelerating memoranda of understanding with industry operators, ensuring they align …
Read More »NGX WEEKLY ROUND-UP: Investors raked in N454.86bn profit amid holiday
Investors in Nigerian equities market enjoyed a profitable trading week raking in N454.86bn on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation rose to N56.46trn from N56.00trn …
Read More »Power firm warns against paying individuals for meters
The Eko Electricity Distribution Company has urged its customers to avoid paying individuals and unauthorised agents for meter procurement and other services. The company further stated that all payments …
Read More »NGX: Bulls return to equities market as investors gain N140bn
Investors at the Nigerian capital market gained N140 billion at the close of trading on Friday. This followed a surge in the share prices of stocks like Fidson, Meyer and …
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