Contributors to the new pension scheme cannot change their Pension Fund Administrators once they open a Retirement Savings Account because the window of transfer, which should allow such under the 2004 Pension Reform Act, has not been opened. NIKE POPOOLA reports that the National Pension Commission may soon issue a […]

The Securities and Exchange Commission (SEC) has welcomed the decision of the Federal House of Representatives, reached at is plenary session of Wednesday April 18, 2012, to investigate the high volume of unclaimed dividends in quoted companies in the country. The House Committee on Capital Market and Other Financial Institutions […]

Nigeria’s inter-bank lending rates climbed marginally last week to an average of 14.5 per cent, compared with 14.33 per cent the previous week, after the Nigerian National Petroleum Corporation recalled a portion of its deposits with banks, draining liquidity from the system. Reuters reported that NNPC, a major dollar supplier […]