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Pension

Lagos State pays N466.855m to 187 retirees in July

Governor Ambode The Lagos State Government has credited N466.855 million to the Retirement Savings Accounts (RSAs) of 187 of its retirees under the Contributory Pension Scheme (CPS) for the month of July. More retirees from the State Universal Basic Education Board (SUBEB) benefitted from this batch of payment. A statement […]

Insurance

Leadway Assurance promotes Nigerian Art at Sao and the Muse 3

Managing Director Leadway Assurance Limited, Hassan Oye-Odukale Nigeria’s foremost insurer, Leadway Assurance Limited has announced its partnership with Sao Café for the 2018 edition of contemporary art exhibition tagged, ‘Sao and the Muse 3’. This year’s exhibition themed: “Collaboration Era”, explores the power of coming together to solve problems, breaking […]

Pension

How PFAs fared on RoI half year 2018

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have continued to harvest good Return on Investment paving ways for improved interest for Retirement Saving Account (RSA) holders. This tremendous growth, prompted the National Pension Commission (PenCom) in December 2017, to mandate PFAs to […]

Insurance

Leadway Assurance boss commends NAICOM on Tier-Based Minimum Solvency Requirement structure

Hassan-Odukale Leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer (CEO) of Leadway Assurance Company Limited, Oye Hassan-Odukale, has commended the National Insurance Commission (NAICOM) for the introduction of Tier-Based Minimum Solvency Requirement (TBMSR), saying the policy was long overdue. A statement by the the company […]

Pension

PenCom to enrol 3000 retiring FG employees in Lagos, Ogun

PenCom staff attending to the would be retirees Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has commenced a verification and enrolment exercise for about 3000 employees of Federal Government Ministries, Departments and Agencies (MDAs) in Ogun and Lagos States that are Treasury-Funded. The Head, […]

Insurance

FBNInsurance to be tier one underwriter

From left: Festus Izevbizua, Chief Financial Officer; Ekpe Ukpabio, Executive Director; Val Ojumah, MD/CEO, all of FBNInsurance; Bode Opadokun, MD/CEO and Shola Osho, Head, Business Development both of FBN General Insurance; at the event in Lagos. Leave a comment and share Chuks Udo Okonta Foremost underwriter, FBNInsurance Limited has said […]

Pension

PenOp, NSE strategise on multi-fund structure

The Pension Fund Operators Association of Nigeria (PenOP) members have met the Nigerian Stock Exchange (NSE) to discuss how the capital market can be developed, especially in light of the Multi-Fund Structure that was kicked off by the pensions industry recently. PenOp President, Mrs Aderonke Adedeji made this known when […]

Insurance

Uganda becomes the first African country to de-risk small and medium scale renewables under the German and ATI-backed RLSF initiative

PRESS RELEASE The move reflects Uganda’s commitment to ensuring the viability of small and medium-scale renewable energy projects KAMPALA, Uganda, July 27, 2018/ — Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint initiative of the African Trade Insurance Agency […]