Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has approved 29 commercial banks to provide residential mortgage lending services to Retirement Savings Account (RSA) holders. PenCom disclosed this in a document obtained by Inspenonline. PenCom stated that it wishes to inform stakeholders that further […]
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Breaking shackles of old age poverty with deferred annuity
Poverty is a global menace which governments, organisations and individuals across the world are working assiduously to curb through different measures. Whilst efforts to eradicate this menace that reduces human dignity continue, strategic financial instruments are required to be leveraged by individuals to stay wealthy. Chuks Udo Okonta, in this […]
Nigeria, Niger Republic sign agreement on border frequency coordination
Kindly leave a comment and share Chuks Udo Okonta Nigeria and Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around within the two countries. The agreement signing ceremony was one of the highlights of […]
Stanbic IBTC unveils special Valentine package for SMEs
Kindly leave a comment and share Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has provided juicy options for its customers to enjoy access to cash flow to scale their business in preparation for the upcoming season of love celebrations. The organisation said its digital loan solutions will make […]
Ebose Augustine bags Insurance CEO of the Year award
Kindly leave a comment and share Chuks Udo Okonta The Managing Director, Anchor Insurance Company Limited, Ebose Augustine Osegha, has bagged Insurance CEO of the Year award in Lagos CEO Awards event organised by Kijani Media Communications. In a letter signed by the Head Jury/Convener, Amb. Ayo George and received […]
Sanlam Life, Unitrust, NSIA Insurance, 590 other firms get PenCom nod for govt’s business
Kindly leave a comment and share Chuks Udo Okonta Having contributed and remitted pension contributions for their employees in 2022, Sanlam Life Insurance Nigeria Limited; Unitrust Insurance Company Limited and NSIA Insurance Limited have been granted permission by National Pension Commission (PenCom) to execute federal government businesses. The three outstanding […]
N1.98tn pension fund invested to support businesses
Kindly leave a comment and share Chuks udo Okonta Pension Fund Operators (PFOs) have continued to support businesses as they invested N1.98 trillion in banks through money market instruments, of which the fund would have been given as loads to aid business owners. Data obtained from the National Pension Commission […]
How NAICOM tried to save Niger Insurance, Standard Alliance – Thomas
* Companies don’t fail, people kill companies Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Sunday Thomas, has given more insight on how the National Insurance Commission (NAICOM) worked assiduously to save Niger Insurance Plc and Standard Alliance Insurance Plc from failing by providing them […]
NAICOM drums benefits of new vehicle third party premium in one-week Rivers State insurance education campaign
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is leveraging its ongoing one-week insurance education and sensitisation programmes in Portharcourt, Rivers State, to promote compulsory insurance, and drums benefits of recently approved vehicle third party insurance premium and claim regime. The Head of Corporate […]
159.91m informal sector workers shut out of micro pension plan as PFAs register 89,327
Kindly leave a comment and share Chuks Udo Okonta A whopping 159.91 million informal sector workers in the country are yet to be convinced by Pension Fund Administrators (PFAs) to embrace the Micro Pension Plan (MPP) at a time only 89,327 of them have been registered as at December 2022 […]