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4 weeks ago | 
newtelegraphng.com | Abdulwahab Isa
The National Pension Commission (PenCom) has resolved instances of uncredited pension contributions with the launch of the new Pension Contribution Remittance System( PCRS). PCRS is a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs), a system developed in collaboration with the Pension Operators’ Association of Nigeria (PenOp).
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
To deepen bond, synergy between the fiscal and monetary authorities, Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso met on Friday at Central Bank Headquarters in Abuja .
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zach Adedeji, has restated the commitment of the Service to supporting initiatives that drive tax policy development and capacity-building, not just in Nigeria but across the West African region. He also said that Nigeria had been at the forefront of promoting regional cooperation in tax administration, recognising the importance of collaboration in addressing common challenges.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
The Federal Government and management of Union Bank Plc have agreed to collaborate in various aspects of the economy that will accelerate growth. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Wednesday hosted a high-level delegation from Union Bank of Nigeria, led by its Managing Director/ Chief Executive Officer, Mrs. Yetunde Oni, according to a statement issued by the Director of Information in the ministry, Mohammed Manga.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
Notwithstanding the endorsement the Tax Reform Bills, Customs has raised a red flag as it sees it as a potential danger in the envisaged expanded revenue, Abdulwahab Isa reportsAfter initial opposition, the bills are getting public nod, endorsements and support. The initial lull that characterised the documents was triggered by misgivings that, expectedly, swelled opposition to the bills.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
The National Insurance Commission (NAICOM) has granted an operational licence to CHI Life Assurance. Handing over the licence in Abuja on Monday, Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, tasked CHI Life Assurance promoters to make positive impact in the industry, adding that its entry will strengthen the insurance industry in Nigeria. The commisioner assured of NAICOM’s commitment to creating an enabling environment for operators to thrive.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
Policy reforms of 2024 led to the economic growth achieved last year, Board Director at Nigerian Economic Summit Group (NESG), Mrs. Wonu Adetayo, has said. The growth, Adetayo said, was achieved despite structural weaknesses and macroeconomic volatility that characterized the economy in the year referenced. She spoke recently in Lagos at the unveiling of NESG’ 2025 private sector outlook tilted: “adapting to economic uncertainties for growth and resilience”.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for massive investments in the capital market and the private sector to support revenue mobilisation for 2025 budget implementation. The Minister made the call over the weekend during an investiture ceremony of Fellow of the Capital Market Academics of Nigeria FCMAN on him by the Association of Capital Market Academics of Nigeria (ACMAN) led by its President, Prof. Uche Uwaleke.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
Nigeria has taken a significant leap towards strengthening its financial integrity as it intensifies efforts to exit the Financial Action Task Force (FATF) grey list by Q2 2025, a move that will bolster investor confidence and unlock new economic opportunities.
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1 month ago | 
newtelegraphng.com | Abdulwahab Isa
The Nigeria Sanctions Committee (NSC) has recommended Mr Simon Ekpa Njoku and sixteen individuals and entities to the Attorney General of the Federation (AGF) with approval of President Bola Ahmed Tinubu for sanction for their involvement in terrorism financing. Accordingly, Simon Ekpa, a Finnish politician and Biafran political activist and others are to be listed on the Nigeria sanctions list . “Freezing measures should be extended to all accounts associated with the designated subjects.
