Workers at a construction site in Ha Noi. Construction firms now have to purchase insurance for both projects and workers. — VNA/VNS Photo Vu Sinh HA NOI (VNS)— In a move to ensure workers’ safety and regulate construction related insurance mechanism, project owners and contractors undertaking construct-ion work would now […]
Author: admin
Finance and Central Bank to seek insurance remedies
Gordon Deegan Senior officials from the Department of Finance and the Central Bank are to meet to discuss measures to address weaknesses in the loss-making insurance industry. The talks between the two sides are to focus on policy initiatives suggested by Central Bank governor, Patrick Honohan for the sector. This follows […]
Voluntary pension contributions still very low – Oranye
Punch Susan Oranye is the Executive Secretary of Pension Fund Operators Association of Nigeria. She speaks about the challenges, achievements and future of Nigeria’s pension industry in this interview with SIMON EJEMBI How would you rate the Nigerian pension industry in comparison to other developing nations? Unfortunately, when it comes […]
Retired Soldiers Threaten Protest Over Five-Year Pension Arrears
MILITARY retirees has threatened to occupy major roads across country in protest if the Federal Government fails to pay their August 2015 pension and arrears of the Military Consolidated Pension Review approved by former President Goodluck Jonathan in 2010. Besides, the retired soldiers have accused the Military Pension Board of a […]
PenOp members on parade at 2014 workers’ day
PenOp members on parade at 2014 workers’ day Executive Secretary PenOp, Susan Oranye; Chief Service Director, Curiosity Limited Chris Adigwe Media Consultant and Head, Risk and Compliance, Stanbic IBTC Pension Managers, Idu Okwuosa at the event. Executive Secretary PenOp, Susan Oranye and Head, Risk and Compliance, Stanbic IBTC Pension Managers, […]
2014 Chief Executive Officers’ Retreat of the NCRIB held in Abeokuta.
From left: Deputy Chairman Nigerian Insurers Association (NIA), Eddie Efekoha; Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed; Council Member, Funke Adenusi; Council Member, Isioma Chukwuma; President, Bola Temewo and President Nigerian Council of Registered Insurance Brokers (NCRIB), Ayodapo Shoderu at an event in Lagos. From left: President Chartered […]
Saudi king to meet with Obama amid Gulf concerns over Iran deal
U.S. President Barack Obama (L) shakes hands with Saudi Arabia’s King Salman at the start of a bilateral meeting at Erga Palace in Riyadh January 27, 2015. Reuters/Jim Bourg Saudi King Salman will meet with U.S. President Barack Obama in Washington on Friday to seek more support in countering Iran, […]
Chinese ships headed home after Bering Sea sighting: U.S. Navy
Five Chinese Navy ships sighted in the Bering Sea off Alaska during a visit to the region by U.S. President Barack Obama have begun their “return transit,” the U.S. Navy’s top uniformed officer told Reuters on Thursday. Chief of Naval Operations Admiral Jonathan Greenert said he did not view the […]
Nigeria’s NJC suspends judge over pension scam judgment
TVC NEWS [ABUJA]- The National Judicial Council (NJC) has suspended Justice Abubakar Talba of the High Court, Federal Capital Territory (FCT) Abuja from office for a period of one year without pay over the judgment he delivered in the case of the police pension fund thief, John Yakubu Yusuf. Yakubu […]
Fashola shuns question on corruption allegations
Lagos State Governor, Babatunde Fashola The immediate past Governor of Lagos State, Mr. Babatunde Fashola, on Thursday refused to answer questions on the allegations of corruption levelled against him. Fashola was alleged to have spent N139m on two boreholes at the Lagos House, Ikeja, and another N78.3m for the upgrade […]
