Lagos settles N720m accrued pension right
The Lagos State Government has delighted retirees from the state’s public service with the release of N720.445 million into the Retirement Savings Accounts (RSA) of 190 Contributory Pension Scheme retirees in the month of August 2018.
NAICOM yet to receive court order on TBMSC
The National Insurance Commission (NAICOM) has said it is yet to receive a court order, restraining it from enforcing the October 1, 2018, deadline for the recapitalisation of the sector, under the Tier-Based Minimum Solvency Capital (TBMSC).
Paga gets $10 million financing for expansion, growth
Paga, a mobile money company in Nigeria, said it has closed a $10 million growth financing deal, led by the Global Innovation Fund, with existing investors like Goodwell (managed by Alitheia Capital), Adlevo Capital, Omidyar Network and Unreasonable Capital, participating.
FCMB sponsors financial literacy show
First City Monument Bank (FCMB) said it has demonstrated its commitment to the empowerment and realisation of youths’ aspiration by sponsoring the second edition of “The Bridge,”- a financial literacy reality television show.
CITN urges members to use stamp, seal on tax returns
The Chartered Institute of Taxation Nigeria (CITN) has again notified the general public, particularly the tax practitioners and administrators, that by January 2, 2019, all tax returns without the CITN stamp and seal, prepared and submitted to FIRS on behalf of taxpayers, will no longer be accepted.
Business in Politics: A historically recommended mix
How should we define the role of policymakers in improving the efficiency of the economy’s primary participants? Here are lessons form the first time business had a definitive say in politics.
Rome business school moves to sustain family enterprises
Rome Business School has restated its commitment to sustaining family business enterprises in Nigeria given their potential to lift the economy, especially at the micro level.The Country Manager of the school, Dr. Humphrey Akanazu....
On the MTN dividend payments saga
In case you have been out of the loop recently, you may have missed out on the saga involving the Central Bank of Nigeria (CBN), MTN, and a couple of banks.
Renewed interests in low price stocks buoy indices, pare losses
At the end of transactions on Friday, the gains recorded from the previous session were enough to spur a rebound of the indices at the Nigeria Stock Exchange (NSE). NSE’s All-Share Index (ASI) had opened Thursday with a sharp decline and was sustained till afternoon, but rebounded as high cap stocks that suffered losses
More firms defy pensions’ employee enrolment rules
Corporate organisations in the Information Technology (IT) and real estate sectors have joined a number of other sector operators to defy the rules of the Pension Reform Act (PRA) 2014, which mandated them to register their workers under the Contributory Pension Scheme (CPS).