PenCom directs PFAs to invest 60% of infrastructure fund locally
The National Pension Commission has directed Pension Fund Administrators to invest a minimum of 60 per cent of the infrastructure fund in projects within Nigeria.
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Micro pension will generate profit for artisans, petty traders- PenCom – Daily TrustPension Fund Administrators (PFAs) will invest all pension contributions under the Micro Pension Plan (MPP) and all income from such investment activities will be credited into the Retirement Savings Accounts (RSA) of the contributors. The National Pension Commission (PenCom) has said that it is already set for the launch of the plan before the end …
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Micro pension will generate profit for artisans, petty traders- PenCom – Daily TrustPension Fund Administrators (PFAs) will invest all pension contributions under the Micro Pension Plan (MPP) and all income from such investment activities will be credited into the Retirement Savings Accounts (RSA) of the contributors. The National Pension Commission (PenCom) has said that it is already set for the launch of the plan before the end …
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We’re bringing 60% jobs via sugar cultivation – MAN – Daily TrustThe president, Manufacturers Association of Nigeria (MAN), Engr. Mansur Ahmed, has disclosed that 60 per cent of jobs will be restored through the processing of local raw materials to produce sugar in Nigeria. Engr. Ahmed, who stated this while fielding questions from newsmen at the press conference to herald the 4th edition of Nigeria Raw …
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NSP Ltd issues N8.5bn 1st corporate green infrastructure bond – Daily TrustThe North South Power Company Limited (NSP), through NSP-SPV PowerCorp Plc, has issued its first N8.5 billion 15 year 15.6 percent series 1 guaranteed fixed rate senior green infrastructure bonds due 2034 under a N50 billion debt issuance programme. The Series 1 Green Bonds is the first certified green corporate bond and the longest tenured …
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Airforce chief directs commanders to ensure peaceful polls – Daily TrustThe Chief of the Air Staff (CAS), Air Marshal Sadique Abubakar, has directed Air Officers Commanding (AOCs) and field commanders to ensure the safety of lives and properties in their various locations, during the forthcoming gubernatorial elections. A statement yesterday from the spokesperson of the Air Force Air Commodore Ibikunle Daramola said the CAS also …
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Rescue party sues Buhari, Atiku over campaign funds – Daily TrustThe presidential candidate of the National Rescue Movement (NRM), Usman Ibrahim Alhaji, has sued President Muhammadu Buhari and the PDP presidential candidate, Atiku Abubakar, over campaign funds. In an ex parte application filed at the Federal High Court in Abuja, Alhaji sought for an order of the court nullifying the participation of Buhari and Atiku …
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JUSUN sues Kogi gov, CJ over alleged non-remittance of funds – Daily TrustThe Judiciary Staff Union of Nigeria (JUSUN), Kogi State chapter, has taken Governor Yahaya Bello; the Chief Judge, Justice Nasir Ajanah and seven others to the National Industrial Court in Lokoja over an alleged non-remittance of funds accruing to the state Judiciary. The union said the situation had led to accumulated salary arrears of eight …
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Buhari’s re-election: CAPDAN seeks intervention fund for ICT industry – Daily TrustThe Computer and Allied Products Dealers Association of Nigeria (CAPDAN) has called on President Muhammudu Buhari to facilitate the provision of intervention fund for Information and Communications Technology (ICT) industry. The CAPDAN President, Mr Adeniyi Ojikutu, made the call in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday.ADVERTISEMENT He also …
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Applicants of CVFF fund must meet FG’s requirements - NIMASA – Daily TrustThe Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said beneficiaries of the cabotage fund must meet Federal Government’s laid down requirements. Dakuku said barring any last minute change in plans, government, through the Ministry of Transportation was close to disbursing the Cabotage Vessels Financing Fund (CVFF).ADVERTISEMENT The DG …
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