Finance

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PENCOM SAYS PFAs REGISTERED 93,114 RETIREMENT SAVINGS ACCOUNTS (RSAs) IN FIRST QUARTER

* As CBN Unveils Plans To Introduce USSD Code To Improve E-Naira

By Festus Akanbi

The Pension Commission (PenCom) has disclosed that the Pension Fund Administrators (PFAs) have registered 93,114 Retirement Savings Accounts (RSAs), in the first quarter (Q1) of year 2022.

Financial Inclusion: CBN ISSUES GUIDELINES FOR BANK NEUTRAL CASH HUBS OPERATIONS

By Kadiri Abdulrahman

In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria (CBN) has released guidelines for the operation of the Bank Neutral Cash Hubs (BNCH).

GOMBE STATE REVENUE BOARD SEALS ACCESS BANK OVER N118M TAX DEFAULT

By Danjuma Williams (Gombe State Correspondent)

Gombe State Internal Revenue Service has sealed two premises of Access bank in Gombe for defaulting in tax payment of over N118 million.

IMF COMMENDS NIGERIA'S RECOVERY FROM HISTORIC ECONOMIC DOWNTURN

The International Monetary Fund, IMF, rose from its executive board consultation on 2021 Articke IV with Nigeria, declaring that the Nigerian economy is recovering from a historic downturn.

BUHARI OKAYS N17.126 TRILLION 2022 BUDGET

* Unhappy With Changes, Major Additions And Reductions Made On Budget By National Assembly

President Muhammadu Buhari, on Friday, signed the 2022 Appropriation Bill of N17.126 trillion into law.

Senate Directive: AMCON TO UNVEIL LIST OF 350 DEBTORS OWING NIGERIA N4.4 TRILLION

* Debtors Given A 30-days Marching Order To Forward Repayment Plans To AMCON

By JVNN Okafor (Managing Editor/Head, Business & Economy)

As from January 2022, the Asset Management Corporation of Nigeria (AMCON) may publish, in national newspapers, the full list of the names of individuals, institutions as well as their Directors on its Non-Performing Loans (NPLs) portfolio.