Abuja: President Bola Tinubu has approved the compliance with the National Policy for the Nigeria Education Repository and Databank (NERD) as a mandatory requirement for mobilisation into or exemption from the National Youth Service Corps (NYSC). The policy mandates that, effective from Oct. 6, no Nigerian graduate-whether from a Nigerian university, polytechnic, college of education, […]
Day: September 28, 2025
PenCom Raises Capital Base for Pension Fund Operators
Abuja: The National Pension Commission (PenCom) has reviewed the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to strengthen the financial stability of the pension industry. The commission disclosed this in a circular signed by Mr Saleem Abdulrahman, Director of Surveillance Department, PenCom. According to News Agency of Nigeria, the […]
Insolvency Experts Urge Banks to Align with CAMA 2020 Provisions
Lagos: Insolvency experts have called on banks and practitioners to align loan agreements and practices with the rescue provisions of the Companies and Allied Matters Act (CAMA) 2020. Mr. Albert Folorunsho, the Vice President of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN), highlighted this need during the BRIPAN annual conference gala night […]
HIV: CSOs Oppose Plan to Shut Down UNAIDS
Abuja: A coalition of community networks and civil society organisations in Nigeria has expressed deep concern over the proposed closure of UNAIDS. They warned that such a move could have devastating consequences for the global HIV response. According to News Agency of Nigeria, in a statement issued on Sunday in Abuja, the coalition said that […]
Capital Gains Tax Reform Aims to Mitigate Business Risks and Enhance Investment: FG
Abuja: The Presidential Committee on Fiscal Policy and Tax Reforms has announced that the newly implemented Capital Gains Tax (CGT) regime on shares is structured to mitigate business risks, bolster investor confidence, and establish a more equitable tax system. The Chairman of the committee, Mr. Taiwo Oyedele, revealed these developments during a virtual market engagement […]