Managing Director/CEO Consolidated Hallmark Insurance, Eddie Efekoha (2nd right) at the formal unveiling of the ISO 9001:2015 Standards Organisation of Nigeria (SON) Management Systems Certification. He is flanked by Engineer Mrs Oluremi Ayeni, Director, SON. Babatunde Daramola Executive Director Finance Systems & Investments of the company, first from right and […]
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FG working to release fund for next batch of retirees—PenCom
The Acting Director-General of National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, on Wednesday said the Federal Government had begun modalities for pension payments to next batch of retirees. Dahir-Umar told Newsmen in Lagos that Federal Government and PenCom had been working on modalities to enable it to release substantial fund […]
Building Capacity in Insurance Sector – WAICA Convenes Liberia’s Conference
A four days international conference geared towards building the technical capacity of insurance companies in West Africa, commenced in Monrovia on Monday. Report by Edwin G. Genoway, Jr The conference is being organized by the West Africa Reinsurance Corporation PLC (WAICA). The conference is held under the theme “Advance Principles, […]
Nigeria Re builds capacity, makes case for local reinsurers
Lady Chukwuma Leave a comment and share Chuks Udo Okonta Nigeria Reinsurance Corporation in a bid to improve underwriting practice and claims administration had conducted a training for its customers. Its Managing Director, Lady Isioma Chukwuma, at the training done in conjunction with GIC India and South Africa in Lagos, […]
Position Paper on the Subject of Pensions in the Constitutional Amendment Bill No. 3 on Devolution of Powers
There is no gain saying the fact that the current constitutional amendment exercise being undertaken by the National Assembly would naturally attract the attention and keen interest of Nigerians in view of the importance of that document as the sine qua non of our social contract as a nation. One […]
The pension reform and the legislative do-gooders
By Paddy Ezeala It seems that Nigeria would have disappointed the rest of the world if the Contributory Pension Scheme (CPS) were to run unfettered without spanner being put in the works somehow somewhere. Arguably, the CPS operating under the Pension Reform Act 2004 as amended by the Pension Reform […]
Exemption of paramilitary from CPS to create bleak future for security personnel
Leave a comment and share Chuks Udo Okonta At a time the nation is battling with paucity of funds to meet enormous existing needs of her citizenry, some members of the National Assembly who should have align with the government to suggest ways of raising revenue, are pushing bills to […]
Bills threaten N6.5trn pension funds
Leave a comment and share Chuks Udo Okonta Contributed Pension funds which currently stand at N6.5 trillion is faced with threats of depletion due to multiple Bills sponsored by some individuals at the National Assembly, Inspen can report. According to pension industry regulator, National Pension Commission (PenCom) and the umbrella […]
Lagos State Government extols retired Ogunnaike
From left: Commissioner of the Ministry of Establishments, Training and Pensions, Dr. Akintola, Benson and retired Permanent Secretary of the Ministry, Mrs. Folasade Oluwatosin Ogunnaike at the event. Leave a comment and share Chuks Udo Okonta The Lagos State Government has celebrated the retirement of its Permanent Secretary, Ministry of […]
FBN General Insurance appoints Mimiko as ED
Mimiko Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited has announced the appointment of Babatunde Mimiko as Executive Director. A statement by the company, noted that Managing Director/Chief Executive Officer, FBN General Insurance, Bode Opadokun, was quoted as saying, “Mimiko brings on board a sterling 18-year […]
