In less than seven days, insurance operators around the world, especially from the African Continent, will gather in Morocco for the 43rd African Insurance Organisation (AIO) conference & General Assembly to discuss current and emerging challenges in the insurance industry. The event will hold between May 8 and 11 in […]
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RIMSON holds confab, awards ceremony
Leave a comment and share Chuks Udo okonta Risk Management Professionals and Corporate bodies committed to the ideals of Risk Awareness and Risk Management culture will converge at the Lagos Chamber of Commerce (LCCI) Conference & Exhibition Centre, in the Central Lagos Business District, Alausa; Ikeja from Thursday 5th to […]
Pension fund assets hit N5.39trn in March
Leave a comment and share Chuks Udo Okonta Total pension fund assets had grown to N5.39 trillion as at March, 2016, the Director-General National Pension Commission (PenCom), Mrs Chinelo Anohu-Amazu, has said. Anohu-Amazu, who was represented by PenCom’s Head, Research and Strategy Management, Dr. Farouk Umar, said this at a […]
Overview of the Contributory Pension Scheme
Chinelo Anohu-Amazu Overview of the Contributory Pension Scheme By Chinelo Anohu-Amazu Director General National Pension Commission – Nigeria Definitions What is Pension? Pension is an arrangement to provide people with an income when they are no longer earning a regular income from a gainful employment Pension is different from severance […]
PenOp decries lack of infrastructure bond in Nigeria
From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators Association of Nigeria (PenOp) Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, […]
NIPR confab underscores nexus between communications and agriculture
Nigeria definitely had an enviable reputation in the 60s’ and the early 70s’ for her rich contributions to world economy through agriculture. Prior to the discovery of the black gold, otherwise referred to as crude oil, which ostensibly became an Achilles’ heel of some sort on the nation, agriculture provided […]
Short-term insurers fighting for the same customers
Hanna Ziady Competition in the short-term insurance sector is as fierce as ever, says Mutual & Federal CEO, Raimund Snyders, as insurance companies battle for business from a fixed number of customers. “The pie is not growing”, despite the fact that there is significant opportunity to develop insurance products […]
Atlantia Said to Draw Pension Funds to $4.6 Billion Highway Deal
Infrastructure company may sell up to 30% of Autostrade unit Atlantia plans to use proceeds to expand outside Italy Atlantia SpA, the Italian infrastructure company controlled by the Benetton family, could raise more than 4 billion euros ($4.6 billion) from the sale of a minority stake in its Autostrade per […]
Paramilitary threatens Nigeria’s pension system
Nigeria s paramilitary agencies have commenced moves to take over the management of their own pensions, away from the existing Pension Fund Administrators (PFAs) who had managed the scheme since the Pension Reform Act 2004 came into being over 10-years ago, BusinessDay findings reveal. A source close to the industry […]
Faces at the visit of Association of Registered Insurance Agents of Nigeria (ARIAN) officers to NAICOM
From left: Sitting: Commissioner for Insurance Mohammed Kari and National President for ARIAN Olamerun Gbadebo. Standing: Ali Theophilus, ARIAN Chairman Abuja Chapter (3rd right); Mike Jegaba, ARIAN Vice Chairman Abuja Chapter; Okafor Chris, ARIAN Chairman Jos Chapter; John Prince, ARIAN Sec. Gen Jos Chapter; Leo Akah, NAICOM Director, (1st right) […]