Business news
Retirees under the contributory pension scheme (CPS), have embraced programmed withdrawal as the overwhelming choice of monthly pension benefits, as opposed to life annuity which is managed by life insurance companies. The National Pension Commission (PenCom), in its fourth quarter 2020 report said 11,374 retirees opted for programmed withdrawal for their monthly pension benefits offered […]
The Director General of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Ambassador Ayo Olukanni has said that the chamber is in full support of Naira 4 Dollar Scheme. He noted that the scheme would boost foreign exchange if it is truly done, saying “properly implemented I think it may have positive […]
The Federal Government has been urged to focus on raising bonds from the capital market as a means to financing revenue generating projects while working to reduce balance sheet borrowing. These among others were part of the resolutions reached at the Securities and Exchange Commission’s yearly Budget Seminar with the theme “Financing Nigeria’s Budget and […]