New NEXIM MD, Abubakar Bello, Assumes Office

The overall African mobile phone market grew 3.8% year...

2021 ITREALMS E-Waste Dialogue …From left: National President,...

The attention of Nigeria LNG Limited (NLNG) has been...

The P + Measurement #MediaIntelligence and Performance Audit Report...

Worldwide, CEOs’ confidence levels for their growth prospects and...

Story highlights • Real Madrid tops Deloitte’s annual Money League for the club with the highest revenue • Manchester United surpasses Barcelona and Bayern Munich to move into second spot • List is dominated by English football with all 20 Premier League clubs in the world’s top 40. Can anybody stop Real Madrid, on the football pitch and off it? For the 10th year running, European champion, Real Madrid is the world’s richest club in the annual Football Money League published by accountants Deloitte, with a revenue of $639 million.

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 Asset Management Corporation of Nigeria (AMCON) has so...