The National Pension Commission has said it recovered N213.07m from employers who deducted pension savings from their workers’ monthly emoluments but refused to remit such to their respective Pension Fund Administrators between July and September. It disclosed this in its third-quarter report entitled ‘Update on the recovery of outstanding pension...
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board. Rabiu made the disclosure in an internal memo signed on Sunday in Lagos by Mr Mohammed Wali, BUA’s Head of Human Resources. The memo quoted BUA chairman as saying...
The Federal Inland Revenue Service (FIRS) has escalated its legal battle against Binance, a prominent cryptocurrency exchange platform, by filing criminal charges related to tax evasion. This move, announced in a statement on Monday, underscores the government's commitment to fiscal responsibility and economic integrity amid growing scrutiny of digital...
The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the...