Pension Fund
20 May 2024
Only two per cent of the N19.67 trillion total pension assets, which amounts to N396.3 billion, is in cash as of the end of the first quarter, information provided by the National Pension Commission (PenCom) has disclosed.
17 May 2024
Independent Media and Policy Initiative (IMPI) has disagreed with a recent statement by former Vice President, Atiku Abubakar, on the Federal Government’s plan to tap into pension funds assets to bridge Nigeria’s huge infrastructure deficit.
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2 mins ago
The police on Thursday arraigned a 42-year-old man, Ogundare Anuoluwapo in Ado-Ekiti for sexually harassing his neighbour’s wife. Anuoluwapo, whose address was not provided, was charged with sexual harassment before an Ado-Ekiti Chief Magistrates’ Court. He, however, pleaded not guilty to the change. The prosecutor, Sgt. Alice Ojo, told the court that the defendant committed…
6 mins ago
The Grooming Endowment Trust (GET), a non-profit organization dedicated to empowering Nigeria's burgeoning business landscape, successfully concluded the third edition of its GET Accelerated programme. This annual accelerator programme targets early-stage startups, providing them with critical resources to thrive without sacrificing equity. Since its inception in 2020, GET has fostered the growth of over 50…
11 mins ago
A security scholar at the University of Ibadan (UI), Prof. Olawale Albert, and another security lecturer at the Department of Criminology and Security Studies, Lead City University, Ibadan, Oladayo Ayoola, on Thursday, faulted the Chief of Defence Staff, General Christopher Musa's call on the United Nations (UN) to investigate Boko Haram financing and training. Musa,…
21 mins ago
The Lagos State Traffic Management Authority (LASTMA) on Thursday intervened in a devastating accident that occurred along the Lekki-Epe Expressway, after Okegun/Seaport, inward Epe. The incident involved a Toyota Highlander Jeep (GGE 432 JC) and an empty Sino tipper truck. Preliminary investigations indicate that the Toyota Highlander Jeep, traveling inward Ajah, lost control while in…
26 mins ago
Senior officials of the University of Abuja, including Deans of Faculties, Heads of Departments, and Directors of Centers, have expressed their support for Professor Aisha Maikudi's appointment as the substantive Vice-Chancellor of the university. During a courtesy visit to the Vice-Chancellor on Thursday in Abuja, the university officials applauded the appointment of 41-year-old Professor Maikudi,…
33 mins ago
BudgIT, a leading civic-tech organisation promoting transparency and accountability, said it has observed certain legacy issues with the 2025 Federal Government proposed budget. It called on the National Assembly to proactively address the irregularities, exercise its "Powers of the Purse" responsibly, allow robust public participation in the budget review process, and ensure that the approved…
37 mins ago
The National Sports Commission (NSC) has approved a foreign training tour in India for Nigeria's U19 Women's Cricket Team. The team is gearing up to represent the country at the ICC U19 Women's T20 Cricket World Cup, scheduled for Malaysia from January 18, 2025. The Director General of the National Sports Commission, Bukola Olopade, revealed…
38 mins ago
Veteran Musician, Stella Monye, says in spite of her long break from the music scene, she still has a lot to give to the world. Monye, known for her hit song “Okomi Ye”, while speaking with the News Agency of Nigeria (NAN) in Lagos on Thursday, said she still has her “groove on.” She expressed…
40 mins ago
Nigeria’s foreign affairs minister, Yusuf Tuggar, has confirmed that key memoranda of understanding (MoUs) signed with China are now being implemented across various sectors. He made the disclosure on Thursday during a joint press conference with Wang Yi, China’s foreign minister, in Abuja. Tuggar highlighted the areas covered by the agreements, including trade, investment, infrastructure…
42 mins ago
The Rivers State House of Assembly led by Martin Amaewhule has again overridden the assent of Governor Siminialayi Fubara on three bills earlier passed and transmitted for assent over a month ago. The House, at its 94th Legislative Sitting on Thursday, took the decision to override the Governor's assent after he withheld it. The three…