The Lagos State Pension Commission (LASPEC) has trained 38 pension desk officials on various reforms in the administration of the Contributory Pension Scheme (CPS) in the state public service. The Director-General of LASPEC, Mr Babalola Obilana, made this known on…
By Matthew Denis Abuja In a bid to boost Farming mechanisation and ensure foods safety and availability, leading companies — Heifer International in partnership with hello tractor have given out 12 tractors as soft loans to smallholder farmers. According to…
The President of the African Development Bank Group, Akinwumi Adesina, has said that Africa faces an infrastructure gap of between $68bn to $108bn annually. According to him, the bank had committed over $44bn to infrastructure across the continent in the…
Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their Minimum Regulatory Capital (shareholders’ fund) from N1 billion to N5 billion by April 27. Pension Commission (PenCom) made the declaration in a statement it issued in Lagos on Friday.…
Guinness Nigeria Plc, a member of the Diageo family, on Thursday opened its new £6.2 million ultra-modern headquarters located at Cocoa Industries Road, Ogba, Lagos. In her speech, Guinness Nigeria’s Board Chair, Dr Omobola Johnson, said the ceremony also doubled…
The Infrastructure Concession Regulatory Commission (ICRC), has issued two Full Business Case (FBCs) Certificates of Compliance for new infrastructure projects. The FBCs are estimated to generate 5,800 new jobs and $2.06billion in revenue. This is contained in a statement signed…
The National Insurance Commission (NAICOM), has commenced capacity building in universities across the six geo-political zones of the country to improve insurance education and facilitate penetration in schools. Mr Sunday Thomas, the Commissioner for Insurance, said this in Abuja on…
MTN Nigeria and Pan-Atlantic University (PAU) has announced the launch of the MTN Media Innovation Programme (MTN MIP), which will be run by PAU’s School of Media and Communication (SMC). The six-month, fully funded fellowship for Nigerian media practitioners is…
The Lagos State Government, the Lagos Chamber of Commerce and Industry (LCCI) and some stakeholders have charged investors to invest in the Lagos Island axis of the state to enjoy massive returns. They gave the advice at a webinar on…
By Uthman Salami The Nigeria Deposit Insurance Corporation (NDIC), says its Deposit Insurance Scheme (DIS) does not cover insider deposits which are made up of deposits of banks’ directors and staff. The Corporation stated this on its official Twitter handle…
