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http://ift.tt/eA8V8J By Joseph Undu There was drama at the Lagos State Police Headquarters, Ikeja, recently, when a lawyer (names withheld) openly accused his client of plotting to kill his opponent. The lawyer, who claimed to have spent about 27 years at the Bar, alleged before bewildered policemen attached to Inspector-General of Police Tactical Squad from Abuja, that his client gave him N200,000 with a promise of giving him more after assassinating his opponent, a Lagos-based businessman. Police sources said the revelation came up while the IGP’s team was interrogating the businessman based on a petition written by the General Manager of a micro-finance bank. The businessman had earlier dragged the General Manager of said micro-finance bank to the Federal Anti-Robbery Squad, Adeniji Adele, Lagos, alleging that the banker diverted his $140,000 after a business transaction. He further alleged that he instructed the bank to transfer the sum to his business partner in China in 201...

http://ift.tt/eA8V8J By Joseph Undu There was drama at the Lagos State Police Headquarters, Ikeja, recently, when a lawyer (names withheld) openly accused his client of plotting to kill his opponent. The lawyer, who claimed to have spent about 27 years at the Bar, alleged before bewildered policemen attached to Inspector-General of Police Tactical Squad from Abuja, that his client gave him N200,000 with a promise of giving him more after assassinating his opponent, a Lagos-based businessman. Police sources said the revelation came up while the IGP’s team was interrogating the businessman based on a petition written by the General Manager of a micro-finance bank. The businessman had earlier dragged the General Manager of said micro-finance bank to the Federal Anti-Robbery Squad, Adeniji Adele, Lagos, alleging that the banker diverted his $140,000 after a business transaction. He further alleged that he instructed the bank to transfer the sum to his business partner in China in 201...

http://ift.tt/2qNfFWq According to William A. Ward, “Before you retire, save.” The Pension Reform Act 2014 (“PRA” or “the Act”) and the repealed Pension Reform Act 2004 played a great role in ensuring employers and the employees in Nigeria save for employees’ retirement. Employees in Nigeria have further improved their savings culture by contributing above the statutory minimum of 8% of their gross monthly emoluments to their Retirement Savings Account (RSA) in furtherance of Section 4(3) of the Act which provides for voluntary pension contribution (VPC). While the PRA has been applauded for its wider coverage of organisations and employers covered under the mandatory pension scheme, there are still so many individuals left out of the scheme. For instance, the questions persist, what happens to employers with less than 3 employees, Nigerians in foreign employment and foreign nationals in employment in Nigeria? These group of individuals and many others not mentioned are required to ...