PFAs Reduce Pension Funds Investment In Banks To N1.6tn
The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that were invested in fixed deposits and bank acceptance to N1.6tn in February. This was as the total funds...
View ArticleASSOPEP Clears Air On Alleged Illicit Activities, Denies Claims Of Resolving...
*Insists They Only Train Pension Desk Practitioners, Not Affiliate Of PenCom BY NKECHI NAECHE-ESEZOBOR–The Association Of Pension Desk Practitioners of Nigeria (ASSOPEP) on Tuesday debunked claimed of...
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Economist Seeks Increased Budgetary Allocation For Insurance, Pension Sectors
From L-R: Managing Director/ CEO, Boff & Company Insurance Brokers Limited, Mr. Oreoluwa Olarinmoye; Managing Editor, BusinessToday Communication Limited, Mrs. Nkechi Naeche-Esezobor; Chief...
View ArticleFG Approves N15bn NSITF Infrastructure Upgrade Concession
The Federal Government on Wednesday in Abuja, approved the second phase of the electronic Nigeria Social Insurance Trust Fund, which will enable concessionaires to upgrade the infrastructure at N15bn....
View Article13,928 Lagos Retirees Receive N50.7billion Pension Benefits In 4 Years
BY NKECHI NAECHE-ESEZOBOR–A total of N50.7 billion was paid to 13,928 retirees from 2019 till date, the Lagos State government has said. The Commissioner for Establishments, Training and Pensions, Mrs...
View Article13,928 Lagos Retirees Receive N50.7billion Pension Benefits In 4 Years
BY NKECHI NAECHE-ESEZOBOR–A total of N50.7 billion was paid to 13,928 retirees from 2019 till date, the Lagos State government has said. The Commissioner for Establishments, Training and Pensions, Mrs...
View ArticleStanbic IBTC Bank Enabling Pension Contributors’ Dream Of Becoming Homeowners
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, on the advice of the Central Bank of Nigeria, is one of the banks processing specialized mortgage loans for Pension contributors. The Bank...
View ArticleAccrued Rights: Lagos State Govt Fails To Honour N2 billion Monthly...
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom), said the Lagos State Government has consistently failed to honour the N2 billion monthly commitment to clear the accrued rights of...
View ArticleMicro Pension Plan Registration Hits 97,591 In May 2023, As Operators Unveil...
BY NKECHI NAECHE-ESEZOBOR–No fewer than 97,591 workers have registered under the Micro Pension Plan, (MPP), of the National Pension Commission, (PenCom) as at the end of May, 2023 and total...
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Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide
L-R: Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers; Apagu N Thliza, Department of Chemistry, Federal College of Education, Pankshin, Plateau State; Lydia Mark Julson, Head of Housing...
View ArticleStanbic IBTC Pension Managers Partners With Employers To Ensure Secured...
Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC has reaffirmed its unwavering commitment to securing a prosperous future for its customers. During the highly...
View ArticleStanbic IBTC Pension Managers Set to Host LATTES 3.0
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC, is set to host the third edition of its Ladies At The Table Empowerment Series – LATTES 3.0. The virtual event aims at...
View ArticleLeadway Pensure Shareholders’ Fund Hits N8.5 billion
BY NKECHI NAECHE-ESEZOBOR–Leadway Pensure, a leading Pension Fund Administrator (PFA), said it’s shareholders’ funds is in excess of N8.6billion, which is versus a required N5billion by the National...
View ArticlePenOp Harps On Sound Mental Health In Pension Industry
BY NKECHI NAECHE ESEZOBOR—APension Fund Operators Association (PenOp) has emphasised on the need for sound mental health and wellbeing in the workplace. The Association says, that in today’s...
View ArticleInflation Poses Risks To Pension Assets – Agusto & Co
Job losses and rising inflation are posing significant risk to the pension industry, Agusto & Co has disclosed. The firm also predicted in a new report that pension assets would hit N19tn in 2024....
View ArticlePension Asset Grew By N1.77trillion H1 2023 To N16.76 trillion As At June 2023
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission ( PenCom) on Thursday said the total pension asset of the industry grew by N1.77trillion at the end of first half of the year 2023. While...
View ArticleEquity Contribution: 187 RSA Holders Gets N3.1bn For Residential Mortgage
BY NKECHI NAECHE-ESEZOBOR–A total of N3.1 billion was paid to 187 Retirement Savings Account (RSA) holders for assessment of residential mortgage as at the end of July 2023. This was disclosed by the...
View ArticleKurfi, Efekoha, Oyetan, Tinubu Others To Speak At 8th NAIPE Conference
Nigerian Association of Insurance and Pension Editors (NAIPE) has named Mallam Kasim Garba Kurfi, Managing Director/CEO of APT Securities and Funds Limited, as Keynote Speaker for it’s up-coming 8th...
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Robust Growth in Pension Funds’ Asset Under Management; Grows By 4.1% MoM to...
According to the latest data from the National Pension Commission (PenCom), the total asset under management (AUM) of the regulated pension industry experienced a robust monthly growth of 4.1% m/m to...
View Article34 Years After, Obaseki Settles Benefits Of Former Governor, Ambrose Alli
Edo State Governor, Mr. Godwin Obaseki has settled the benefits and gratuity of former Governor, late Professor Ambrose Alli. This is coming 34 years after the demise of Alli. Alli was the first...
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