November 2023

Nigeria’s pension assets surge to N17.4trn — PenCom

Nigeria’s pension industry has shown remarkable growth, with the National Pension Commission (PenCom) reporting a significant 20 percent year-on-year increase, bringing the total assets under management (AUM) to N17.4 trillion as of September 2023. In a recent analysis by FBNQuest…

FG targets $500m annual revenue from cyberspace

…As Senate decries loss to cybercrime, moves to amend Cybercrime Act, 2015 …Poor funding hindering enforcement of cybercrime laws — Senate Committee The Federal Government is looking to turnaround its $500million annual loss to cybercrimes to profit with an increased effort to…

Retreat: Oyetola charges agency heads on deliverables

…Wants Nigeria to emerge premier maritime nation By Seun Ibiyemi Barely 24 hours after engaging stakeholders in the Marine and Blue Economy, the minister, Adegboyega Oyetola, on Wednesday, charged heads of agencies within the ministry to work assiduously to realise…

FAAC splits N906bn between FG, States, LGs

By Matthew Denis, Abuja The Federation Account Allocation Committee (FAAC), at its retreat and meeting has shared a total sum of N906.955 billion to the three tiers of government as Federation Allocation for the month of October, 2023. The Committee meeting…