The revised regulation on the administration of retirement and terminal benefits by the National Pension Commission (PENCOM) has allowed low income earners to withdraw total retirement savings. According PENCOM, low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the approval of the Minimum Pension Guarantee. […]
The long awaited Q3 2024 financial report of FCMB Group Plc for the period ended 30, September 2024 was published on Tuesday. The result shows significant growth in the Company’s topline and bottom line figures, year on year. Gross Earnings of N587.773 billion was reported for the 9 months period, up by 67.2% from N351.532 billion reported[…]
The recent inflation report published by the National Bureau of Statistics revealed that the Headline inflation rate in October 2024 was 33.88%, an increase from the September 2024 headline inflation rate of 32.70%. Key points: Overall, the report highlights a continuing upward trend in the inflation rate, with notable increases both on a monthly and yearly basis.