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Pension

Pension assets soar to N8.23trn

Participants *312, 291 workers join CPS in six months Pension assets under the Contributory Pension Scheme (CPS) have increased from N7.52 trillion in December 2017 to N8.23 trillion in June 2018. The Acting Director-Genera, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, who disclosed this during the 3rd annual conference of […]

Insurance

Mutual Benefits Assurance opens N2bn rights issues

Ogunbiyi Chuks Udo Okonta Mutual Benefits Assurance Plc has commenced the shopping of N2 billion through right issues to shore-up its capital, by offering ₦0.50 rights issue of 4 billion ordinary shares which was scheduled to be available between August 6, 2018 and September 14, 2018 on the basis of […]

Pension

PenCom enrols 2700 retiring FG employees in FCT, Niger State

Leave a comment and share Chuks Udo Okonta Over 2,700 Federal Civil servants from the Federal Capital Territory (FCT) and Niger State have commenced their verification and enrolment exercise with the National Pension Commission (PenCom) at the Women Development Centre in Abuja. A statement by the Head, Corporate Communications Department […]

Pension

PFAs rake in N630bn from pension contributors in 5 months

Leave a comment and share Mrs. Aisha Dahir-Umar Chuks Udo Okonta Pension contributors in the country contributed over N630 billion into the kitties of Pension Fund Administrators (PFAs) between January to May 2018, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that the total pension fund […]

Pension

Premium Pension earns highest return on investment for RSA holders

From left: (Sitting) managing Director/Chief Executive Office, Umar Sanda Mairami; Executive Director Business Development North & Investment, Kabir Ahmed Tijjani; Executive Director Business Development South & Strategy, Mrs. Kemi Oluwashina; Memebers of the Board, Ibrahim Babayo; Nelson Nweke; Lamido Yuguda and Company Secretary, Nasiru Shall at the event. * Holds […]