INSURANCE & PENSIONS

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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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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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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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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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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INSURANCE & PENSIONS NEWSLETTER

The Pension Transitional Arrangement Directorate, PTAD has uncovered over 800 illegal ghost accounts used to siphon pension funds. The acting Director General Mr. Murtala Musa Oluwatoyin who stated this at ...
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AXA Mansard Money Equity
INSURANCE & PENSIONS

As part of its commitment to deliver superior value to investors, AXA Mansard Investments Limited, has launched two new mutual funds, the AXA Mansard Money Market Fund and ...
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Kwara State government workers employed after 1987 will soon be migrated into the Contributory Pension Scheme, CPS, with about N145 million remitted monthly. The Senior Special Assistant on Media ...
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brokers
INSURANCE & PENSIONS

Nigerians – Individuals, corporate bodies and governmental agencies  have been urged to patronise duly licensed insurance brokers for professional advisory and value added services in buying insurance. This ...
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Pensioners under the umbrella of the Association of Retired Senior Public Officers of Nigeria (ARFESPON) have appealed to the Federal Government to pay them all outstanding pension benefits. ...
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The National Pension Commission, PenCom, earned N9.38 billion at the end of the first quarter of 2016, a report has revealed. The cash is part of unpaid contributions and penalties slammed ...
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The National Pension Commission (PENCOM) said on Thursday it would soon launch a new pension scheme for people in the informal sector of the nation’s economy. Head, Corporate ...
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