INSURANCE & PENSIONS

INSURANCE & PENSIONS

PTAD
COVER INSURANCE & PENSIONS NEWSLETTER

No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD). The one-month pension arrears was reportedly paid to the pensioners of the defunct ...
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PenCom
COVER INSURANCE & PENSIONS NEWSLETTER

Nigeria’s pension asset grew by N228 billion in October 2019 to end the month with an asset value of N9.81 trillion, according to the latest data from the Pension ...
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Stanbic IBTC Pensions
INSURANCE & PENSIONS

In its bid to enhance seamless operations and improve customers’ experience, Stanbic IBTC Pensions Managers Limited has enjoined employers to ensure that their employees participate in the on-going ...
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INSURANCE & PENSIONS NEWSLETTER

The number of motorists with genuine motor insurance covers in Nigeria has reduced by 41.86%, from 4.3 million in February 2016 to 2.5 million by September 2019, Nigerian Insurers Association ...
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CBN
COVER INSURANCE & PENSIONS NEWSLETTER

The National Health Insurance Scheme (NHIS) has over N30 billion with the Central Bank of Nigeria (CBN), after 14 years of operations and only 5% coverage in the country. According ...
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Senate
COVER INSURANCE & PENSIONS

The Chairman of the Senate Committee on Establishment and Public Service, Ibrahim Shekarau, has claimed that the federal government currently owes retirees over N400 billion in accrued pension. ...
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PenCom
COVER INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission (PenCom) Thursday put the total stock of pension assets as at September at N9.58 trillion, saying the amount was contributed by 8.85 million Nigerians ...
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Old Mutual
COVER INSURANCE & PENSIONS NEWSLETTER

The Nigerian subsidiary of a pan-African Insurance underwriter, Old Mutual Limited (OML) has announced the appointment of Mr. Olalekan Oyinlade, as the new Managing Director for its General ...
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EFCC
INSURANCE & PENSIONS LEGAL

The former chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina is being arraigned today alongside his son by the Economic and Financial Crimes Commission (EFCC). Maina ...
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Ihedioha
COVER INSURANCE & PENSIONS

Plugs ₦500 million Monthly Leakage In the process of due process, accountability and diligence being applied in Imo State Government, especially in capturing of retirees in both the ...
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Pensions Alliance Limited
INSURANCE & PENSIONS

Leading Nigerian Pension Fund Administrator, Pensions Alliance Limited, has announced a change of guards in the highest level of its leadership. A press statement from the Company, dated ...
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EFCC
COVER INSURANCE & PENSIONS NEWSLETTER

The Economic and Financial Crimes Commission (EFCC) has assured the National Health Insurance Scheme (NHIS) that it will release the recovered funds of the scheme in its custody, ...
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INSURANCE & PENSIONS NEWSLETTER

An International advocacy group [email protected]’s, which focuses on inclusion and diversity in the insurance sector held the fifth edition of its annual Dive In festival in over 60 ...
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Stanbic IBTC Pension Managers Limited (SIPML), a subsidiary of Stanbic IBTC Holdings PLC, has announced its sponsorship of the 2019 edition of Art X Lagos. This year, SIPML ...
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The total pension assets under the Contributory Pension Scheme (CPS) as at 31 August 2019 is N9.6 trillion. This was disclosed by the Head of Corporate Communications of ...
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PTAD
INSURANCE & PENSIONS

The Pension Transitional Arrangement Directorate (PTAD) says it has started the verification of pensioners from states in the North West Zone. PTAD Head, Corporate Communications, Mr. Olugbenga Ajayi, ...
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NIA
INSURANCE & PENSIONS

While many insurance companies are yet to disclose their recapitalization plans as mandated by the National Insurance Commission (NAICOM) investigations reveal that only five have successfully crossed the ...
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NAICOM
COVER INSURANCE & PENSIONS NEWSLETTER

Directs 17 others to rework documents for fresh submission The National Insurance Commission (NAICOM) has approved the recapitalization work plans of 26 insurance companies trying to raise more ...
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PenCom
COVER INSURANCE & PENSIONS NEWSLETTER

Identifies Imo, Bayelsa, Osun, Kano, 25 others as defaulters The National Pension Commission (PenCom) has listed only seven out of the 36 states in Nigeria as being current ...
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PenCom
COVER INSURANCE & PENSIONS

The National Pension Commission (PenCom) has said retirees from the public and private sectors had since the inception of the Contributory Pension Scheme (CPS) paid N371.21 billion premium ...
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