Leave a comment and share AIICO Insurance Plc., a leading insurer in Nigeria, has emerged as Life Insurance Company of the Year and Digital Insurance Company of the Year in the recently held Banks and Other Financial Institutions (BAFI) Awards, organised by Businessday Newspaper. A statement by AIICO’s Head, Strategic […]
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President Obasanjo advocates creation of Made-In-Africa brand to instill pride in African products
Leave a comment and share Chuks Udo Okonta The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an emblematic Made-in-Africa brand that will promote intra-African trade and boost the international export of African products. […]
Insurers reap N464.53bn premium from retiree life annuity
Leave a comment and share Chuks Udo Okonta The total premium from Retiree Life Annuity (RLA) transferred to insurance companies from inception of the Contributory Pension Scheme (CPS) to December, 31, 2020 stood at N464.53 billion, the National Pension Commission (PenCom) has said. PenCom stated this in a report obtained […]
Afreximbank signs US$1.04bn deal with NNPC at IATF2021
Leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded on Tuesday in Durban during the second intra-Africa trade fair, which opened on 15 November […]
FG’s 190,158 retirees gulp N884.58bn as accrued pension rights
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said cumulatively, the sum of ₦884,577,261,000 had been released and remitted as accrued pension rights to 190,158 retirees of treasury funded Ministries, Departments and Agencies (MDAs) from inception of Contributory Pension Scheme (CPS) to December 31, […]
Cote d’Ivoire to host IATF 2023
Leave a comment and share Chuks Udo Okonta Cote d’Ivoire has been announced as the host for the third edition of the Intra-African Trade Fair in 2023. Former President Olusegun Obasanjo, Chairman of the IATF Advisory Council while announcing the success of the West African Country’s bid, thanked His Excellency […]
Sacked workers get N139.87bn pension benefits as unemployed market enlarges
Leave a comment and share Chuks Udo Okonta The pension sector has continued to provide succour for Nigerian workers who are pushed into the unemployment web every second due to uncertainties in the economy. These workers who subscribed to the Contributory Pension Scheme (CPS) and were disengaged by their employers […]
Unitrust Insurance Company relocates Port-Harcourt office
Leave a comment and share Chuks Udo Okonta Unitrust Insurance Company Limited, one of the leading general insurers in Nigeria with a track record of great service has changed the location of its Port-Harcourt branch office to a more strategic location on City View, 26A Market Junction, Aba Road, Port-Harcourt, […]
African Heads of State converge in Durban for Intra-African Trade Fair 2021 opening ceremony
Leave a comment and share Chuks Udo Okonta The Intra-African Trade Fair (IATF2021) kicked off with spectacular fanfare on 15th November. Under the theme “Building Bridges for a successful AfCFTA”, the fair attracted thousands of visitors at the Durban International Convention Centre on its Opening Day. In a formidable demonstration […]
PenOp convenes recapitalisation summit for decision makers in pension industry
Press release Leave a comment and share The Pension Fund Operators Association of Nigeria (PenOp) recently convened a summit focused on providing an avenue for decision makers and executives in the pension industry to engage with various advisers to discuss strategies for raising additional capital and to analyze the outlook […]
