Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc, says it paid N1.07 billion claims in third quarter of 2016. Its Divisional Head, Technical, Tajudeen Rufai, who disclosed this in a statement, noted that the summary of the claims composition paid in the third quarter of […]
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Insurers pay over N303.33m claims on bank fraud, armed robbery
Leave a comment and share Chuks Udo Okonta Insurance operators paid over N303.33 million claims to banks in the country for losses suffered due to fraud, armed robbery and burglary in 2014, Inspen can report. According to a report obtained from the Nigerian Insurers Association (NIA), insurers paid about N173.81 […]
National survey reveals stakeholders’ dissatisfaction with Contributory Pension Scheme
A national survey on the Contributory Pension Scheme established over a decade ago by the Federal Government has revealed the dissatisfaction of some stakeholders with the implementation of the scheme. In the survey conducted by the News Agency of Nigeria (NAN) across states of the federation, some respondents however, commended […]
THE REDEEMED PRAY & FAST PRAYER POINTS: DAY 2
1. Intense praise and worship 2. Let us bless The Name of The Lord for the obedience of Late Pa. Josiah Akindayomi and Pastor E.A. Adeboye, to The Voice of The Almighty God who called them. 3. Let us bless The Name of The LORD for the new move that […]
Photo: Faces at funeral rite of Emeka’s mother
Head, Corporate Communications Department, National Pension Commission, PenCom, Emeka Onuora (4th left), flanked by Chris Ebong, General Secretary, National Association of Insurance & Pension Correspondents (NAIPCO) on his right, Maduka Nweke, Public Relations Officer of the Association, 3rd right as well as his siblings during the funeral rite of Emeka’s […]
New Nigerian company ‘to boost pension fund investments in infrastructure’
A new company that will enable pension funds to invest in Nigerian infrastructure bonds is set to be launched in a few weeks’ time, the head of the country’s sovereign wealth fund has said.10 Jan 2017 Energy and infrastructure finance Projects Infrastructure Financial Services Africa Western Africa Uche Orji, chief […]
Ogun federal retirees groan over unpaid pensions, gratuities
Federal retirees in Ogun on Tuesday lamented the hardships they are facing due to non-payment of their pensions and gratuities. Addressing a news conference in Abeokuta, the retirees, under the auspices of the Contributory Pensioners Association of Nigeria (COPAN), said they had been neglected. The leader of the association, Mr […]
NAICOM refutes restoring Glanvills Enthoven licences
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said the operating licences of Glanvills Enthoven Nigeria (GEN) were not restored, as reported in some dailies, but the company was re-licensed after meeting re-registration stipulated criteria. A statement by Head, Corporate Affairs NAICOM, Rasaaq Salami, […]
Canadian pension funds may pump $3 billion into Maharashtra
By Krishna Kumar Canadian pension funds, armed with $3 billion, may soon invest in the development of Maharashtra. The Canadian government is in talks with officials in Maharashtra to deploy its pension funds for creating a water grid, financing the housingfor-all schemes, helping the upcoming International Finance Centre at BKC, […]
Buhari sacks official whose actions led to Adeboye’s exit as RCCG leader
President Buhari and Adeboye The head of the Financial Reporting Council of Nigeria (FRC) Jim Obazee, has been sacked by President Muhammadu Buhari. According to Premium Times, Obazee’s sack comes about 48 hours after implementation of his agency’s law led to the exit of Nigeria’s most influential Christian cleric, Enoch […]