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Monthly Archives: August 2014
Is The New Pension Act Inimical to Labour Welfare?
The Nigerian President, Dr. Goodluck Jonathan, signed the new pension reform act 2014 into law on 1st July 2014. The new Act of course repealed the previous Act of 2004, on which the current obligatory contributory pension scheme was built. … Continue reading
Posted in Business, Government, Lifestyle
Tagged pension, pension fraud, pension reform act, pension safety
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Reintroduction of ATM charges: Good, not good enough!
For many, it was horrific waking up to hear the Central Bank of Nigeria (CBN) announcing the reintroduction of third-party access charges of N65 per transaction for ATM usage. For them, it is the resurgence of capitalistic tendencies spearheaded by … Continue reading
Posted in Business, Government, Lifestyle, Technology, Telecoms
Tagged atm, atm fees, banks, cbn, nigerian banks, reintroduction
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