INSURANCE & PENSIONS

INSURANCE & PENSIONS

INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission, PenCom, has prepared a total of 12, 919 employees of the Federal Government for retirement between January and December 2018. Head Corporate Communication Department, ...
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INSURANCE & PENSIONS NEWSLETTER

Linkage Assurance Plc has released its interim financial statements, for the period ended 30th September 2016, showing a profit of N616.1 million, a 5.5 percent drop from N651.8 ...
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Lagos Pays N941m To 228 Retirees
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The Lagos State government, under the auspices of the Lagos State Pension Commission (LASPEC) has paid N941 million retirement benefits to 228 retirees from the Mainstream Civil Service, ...
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13.4m Nigerians In Tax Net
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State tax authorities have added 3, 414, 496 million new taxpayers to the national tax register under six months, bringing the total number of individual taxpayers in the ...
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INSURANCE & PENSIONS

Managing Director/Chief Executive Officer of IEI-Anchor Pension Managers Ltd, Mr. Glory Etaduovie at the company’s annual general meeting in Abuja has said that the company recorded a modest ...
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INSURANCE & PENSIONS NEWSLETTER

The Pension Transitional Arrangement Directorate, PTAD, has said a total sum of N1.2billion would be released between now and December 15 to offset arrears of pensioners of the ...
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Insurance Remains Relevant In Capital Market - Wapic Insurance
INSURANCE & PENSIONS

Wapic Insurance Plc says it is working on strategic initiatives to promote business sustainability and insurance relevance among capital market operators. This was made known during the firm’s ...
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NUP seeks N25,000 minimum pension
INSURANCE & PENSIONS

The Nigeria Union of Pensioners (NUP) has demanded for N25,000 as new minimum pension. The union said it is sad that many pensioners were still paid less than ...
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FG To Place Retirees on minimum pension from 2017
INSURANCE & PENSIONS

Retirees under the Contributory Pension Scheme will from early next year enjoy a minimum pension payment irrespective of the balance in their Retirement Savings Accounts. The Chairman, Pension ...
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INSURANCE & PENSIONS NEWSLETTER

Director-General, National Pension Commission, PenCom, Chinelo Anohu-Amazu, has announced that Nigeria’s Contributory Pension Fund, CPF, has leaped to about N5.9 trillion as at October 31st 2016 The Pencom ...
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NDIC
INSURANCE & PENSIONS

President Muhammadu Buhari has charged the Senate to confirm the reappointment of Umaru Ibrahim as the Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation ...
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Boff
INSURANCE & PENSIONS

One of Nigeria’s leading insurance brokerage firms, Boff and Company Insurance Brokers Limited, recently celebrated 25 years of excellence in insurance brokerage service delivery and the unveiling of ...
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INSURANCE & PENSIONS NEWSLETTER

The Nigerian insurance sector is losing over N50 billion to fake Third Party Motor Insurance yearly, findings by The Nation have revealed. The conclusion was drawn from the Federal ...
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INSURANCE & PENSIONS NEWSLETTER

Oyo State government has approved N880 million for the payment of primary schools and local government pensioners in the state. The Caretaker Chairman of Ibadan Northwest Local Government Area, ...
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NAICOM policies refining industry operations’
INSURANCE & PENSIONS

Industry operators have said the radical policies introduced by the National Insurance Commission (NAICOM) have improved their operations. Former President, Nigerian Council of Registered Insurance Brokers (NCRIB), Babatunde ...
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Ancj=hor insurance
INSURANCE & PENSIONS

Anchor Insurance Company Limited said it has increased its gross premium income by 23 per cent from N1.905 billion in 2014 to N2.342 billion in the financial year ...
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INSURANCE & PENSIONS NEWSLETTER

Nigeria’s insurance industry is losing N60 billion annually as only 25 per cent of vehicles plyingNigerian roads have genuine 3rd party motor insurance policy. Also, the industry is reportedly ...
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FG To Place Retirees on minimum pension from 2017
INSURANCE & PENSIONS

A cross section of the Federal and State civil servants in Yobe, have called on the Federal Government to make the contributory pension scheme more workable in order ...
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Ambode Sacks 3 Commissioners
INSURANCE & PENSIONS

The Lagos State government has paid no fewer than 4,466 retirees of the Lagos State civil services the sum of  N18.598 billion as pension accrued rights. The state ...
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BOI
INSURANCE & PENSIONS NEWSLETTER

Financial service and Insurance firm, Royal Exchange Group, has announced that it grossed premium income of N10.79 billion in 2015. The Company’s chairman, Kenneth Odogwu, made this known recently at the ...
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