NCC Concludes Workshop on Corporate Governance for Telecom Operators

L-R: NDIC's Director, Communication & Public Affairs, Mr. Bashir...

The Nigerian Communications Commission (NCC) has reiterated its unwavering...

Managing Director and Chief Executive Officer, Asset Management Corporation...

The Nigerian private sector remained in growth territory at...

When you recognise that women are not just the majority but actually the vast majority of consumers, and that their power is only going to increase, it completely changes the commercial urgency of getting to grips with women buyers. It’s extraordinary isn’t it how so much has been made of the emergence of China and India and of the impact of new technology on the world’s economic wellbeing – and yet a factor bigger than either of these dynamics has been comparatively ignored.

Operators in the pension industry paid out total of N271.15 billion as lump sum to retirees in 2014 under the new Contributory Pension Scheme (CPS) and an average monthly pension of N3.84 billion. In addition, another sum of N62.20 billion was paid as premium to insurance companies to provide life annuity for 14, 784 retirees. Mrs. Chinelo Anohu-Amazu, Director-General, National Pension Commission (PenCom) told Business Journal in an Executive Chat that a total of 115,529 workers had retired as at 31 December, 2014 with 87.20 percent (100,745) of the retirees on Programmed Withdrawal, while the remaining 12.80 percent (14,784 retirees) were on Life Annuity.

The African Development Bank has called for global support...

Gokada, the Lagos-based on-demand motorcycle taxi app, has secured...