Abuja Editing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HEALTH-CORONAVIRUS/NIGERIA-VACCINES (UPDATE 1, EXCLUSIVE, PIX):EXCLUSIVE-Up to 1 million COVID vaccines wasted in Nigeria last month

Up to one million COVID-19 vaccines are estimated to have expired in Nigeria last month without being used, two sources told Reuters, one of the biggest single losses of doses that shows the difficulty African nations have getting shots in arms.

NIGERIA-PROTESTS/ (TV, PIX):A year after Lagos bloodshed, Nigerians say promises of police reform prove hollow

2 Min Read ABUJA, April 30 (Reuters) - Nigeria has increased the capital requirement for pension managers in an attempt to steer the biggest sector of its fund management industry to target untapped opportunities in the much larger, informal sector of small business. Three pension managers are in talks to merge to meet the new capital requirement of 5 billion naira ($13.14 million) by next year, two pension executives with knowledge of the matter told Reuters. Pension funds currently operate with 1 billion naira capital. Fund managers include Stanbic IBTC Pension Managers, a unit of Stanbic I...

As Nigeria’s pension funds hit 12.3 trillion naira ABUJA, April 30 – Nigeria has increased the capital requirement for pension managers in an attempt to steer the biggest sector of its fund management industry to target untapped opportunities in the much larger, informal sector of small business. Three pension managers are in talks to merge to meet the new capital requirement of 5 billion naira ($13.14 million) by next year, two pension executives with knowledge of the matter told Reuters. Pension funds currently operate with 1 billion naira capital. Fund managers include Stanbic IBTC Pe...