Commissioner for Insurance Alh. Mohammed Kari with Gov. Ibikunle Amosun of Ogun State
Author: admin
DG PTAD suspended over alleged fraud of N60m
Mayshak The Director General of the Pension Transitional Arrangement Directorate (PTAD), Nellie Mayshak has been suspended indefinitely for alleged fraud of N60 million naira which is reported to be a monthly salary. According to the report, the details of the alleged fraud are still sketchy, but the recently introduced biometric […]
A Plan to Stop the Pension Plan Rip-Off
It’s small consolation that your broker is only harming one client at a time by claiming the ability to “beat the market.” Recommending actively managed funds, private equity, individual stocks and alternative investments is the tried-and-true Wall Street way of transferring wealth from you to them. The zero-sum game If […]
Top European Pension Opts for Roads as Hedge Funds Left Behind
By David De Jong PGGM aims to expand private market infrastructure investments Limiting hedge fund investing due to complexity and high costs PGGM NV plans to expand infrastructure assets by about 3 billion euros ($3.3 billion) by the end of next year as the investor for Europe’s second-largest pension fund […]
Global sovereign, pension funds may invest over Rs 3 lakh crore by 2021 in India: Report
India is an attractive destination for global sovereign and pension funds as they are expected to invest up to $50 billion (Rs 3.36 lakh crore) in infrastructure sector over the next five years, says a report. A research report by Ambit and The City of London Corporation says that sovereign […]
Insurance was Instituted by God in the Time of Noah – Bankole
Bankole Kemi Busari A biblical dimension was today introduced in support of insurance as Olusegun Bankole the Assistant General Manager, Corporate Communications & Brand Management of Sovereign Trust Insurance PLC argued that the art of safeguarding properties against risk was perfected by God during the time of Noah. Bankole, a […]
China’s $60 billion Africa pledge not threatened by slowdown: Ambassador
China’s economic slowdown will not threaten its plans to plough $60 billion into African development projects, Beijing’s ambassador to Ethiopia said. Africa could even benefit as Chinese companies looked for investments while their own economy adjusts, Li Yifan told Reuters. China’s economy grew 6.9 per cent in 2015, its slowest […]
Rich countries have a $78 trillion pension problem
Dreams of lengthy cruises and beach life may be just that, with 20 of the world’s biggest countries facing a pension shortfall worth $78 trillion, Citi said in a report sent on Wednesday. “Social security systems, national pension plans, private sector pensions, and individual retirement accounts are unfunded or underfunded […]
GNI denies insuring collapsed Lekki building
Great Nigeria Insurance (GNI) yesterday denied insuring the collapsed five-storey building in Lekki, Lagos in which 35 people perished. This is contrary to the claim of the owner, MessrsLekki Worldwide Estate Limited, promoters of Lekki Gardens. Its Manager, Mr Steve Agbiboa on Sunday told The Nation that the building was […]
Faces at the CIIN’s presentation of 650 copies of the textbook to all Senior Secondary Schools in Enugu State
Enugu State Commissioner for Education , Professor Uchenna Eze receives a copy of the Insurance Textbook for Secondary Schools on behalf of the Enugu State Government from the CIIN President, Lady Isioma Chukwuma during the Institute’s presentation of 650 copies of the textbook to all Senior Secondary Schools in Enugu […]
