AIICO Insurance names Babatunde Fajemirokun as Managing Director

Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc (‘the Company’) has announced the appointment of Babatunde Fajemirokun as the Managing Director/Chief Executive Officer with effect from August 14, 2019. A statement by the Company’s Secretary, Donald Kanu, said the appointment has been approved by the National Insurance Commission (NAICOM) prior to […]

Over N9.33trn pension fund assets adequately secured – PenOp

From left: Executive Secretary, Pension Fund Operators Association of Nigeria, Susan Oranye; Head, Technical Committee, Dapo Akisanya (AxaMansard Pensions); Vice President, Akeeb Akinola (Shell CPFA); President, Mrs. Aderonke Adedeji (Leadway Pensure); Treasurer, Bayo Yusuf (UBA PFC) and Head, Branding Committee, Wale Odutola (ARM Pensions) at the event. Leave a comment and share Chuks Udo Okonta […]

NAICOM moves to bar use of hot money for recapitalisation

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is working hard to see that illicit funds are not used by insurance companies to recapitalise, Inspenonline has learnt. According to sources working in NAICOM, the commission had put in place measures that would spot funds from unwholesome sources. They told this […]

Over N940bn pension fund assets invested in banks

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFO) have invested over N940 billion pension fund assets in banks in the country, Inspenonline can report. According to data obtained from the National Pension Commission (PenCom), the operators had as at June 30, 2019, invested N940.68 billion out of the […]

CIIN produces 3,335 associates, 212 fellows

* unveils compendium Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) which was established in August 1959 and charged with the general duty of determining the standards of knowledge and skills to be attained by persons seeking to become registered members of the Insurance profession in Nigeria, has […]

SPEECH DELIVERED BY THE PRESIDENT OF THE CHARTERED INSURANCE INSTITUTE OF NIGERIA, MR EDDIE EFEKOHA AT THE 60TH ANNIVERSARY GALA NIGHT, HELD IN COMMEMORATION OF THE INSTITUTE’S 60TH ANNIVERSARY ON THURSDAY 6THAUGUST AT HARBOR POINTS EVENTS CENTER, V/I, LAGOS.

Efekoha SPEECH DELIVERED BY THE PRESIDENT OF THE CHARTERED INSURANCE INSTITUTE OF NIGERIA, MR EDDIE EFEKOHA AT THE 60TH ANNIVERSARY GALA NIGHT, HELD IN COMMEMORATION OF THE INSTITUTE’S 60TH ANNIVERSARY ON THURSDAY 6TH AUGUST AT HARBOR POINTS EVENTS CENTER, V/I, LAGOS. Protocol The Doyen of Insurance, Olola Olabode Ogunlana OFR & His amiable wife, our […]

Pension assets increased by N21bn in second quarter 2019

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension contributors injected N21 billion into the pension fund assets in the second quarter of this year, Inspenonline can report. The National Pension Commission (PenCom) revealed this in its monthly report on summary of pension fund assets and Retirement Saving Account (RSA) registration published […]

CIIN confers Doyen of Insurance on Olola Olabode Ogunlana

From left: President of CIIN, Eddie Efekoha decorating Olola Olabode Ogunlana with the Doyen award. Leave a comment share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has conferred the title of Doyen of Insurance on its former President and Chairman, SCIB Nigeria Limited, Olola Olabode Ogunlana, who is presently the oldest Insurance […]

Police retirees decry delay in payments of accrued pension rights

Leave a comment and share Police retirees under the Contributory Pension Scheme (CPS) are groaning over the undue delay in the remittance of their accrued rights which they say have been in arrears of one year. This is as the retirees are complaining of low monthly pensions paid to them by the Nigeria Police Force […]

Sovereign Trust Insurance gets SEC nod for extension of rights issue

Soyinka Leave a comment and share Chuks Udo Okonta Following the approval from the Securities and Exchange Commission (SEC) Sovereign Trust Insurance Plc has extended its Rights Issue offer closing date which opened on Monday, June 24, 2019. The Rights Issue which ought to have closed on Wednesday, July 31, 2019, has now been extended […]
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