insurance and pension news
Tuesday, September 24, 2024
Kindly leave a comment and share Chuks Udo Okonta One thing common among rich people is the fear of falling into poverty. This is why most of them don’t joke with insurance, which serves as a means to prevent poverty. From interactions with some well to do individuals, I observed […]
* 4,487 pension clearance certificates issued in Q1 2023 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said it is illegal for employers and companies to use touts and agents to obtain the pension clearance certificates (PCC). A statement issued by PenCom today, […]
Kindly leave a comment and share Chuks Udo Okonta There are fears over the future of Nigeria’s insurance agency network, as available data revealed that about 8,300 agents have left the industry in recent time. Data obtained from the website of Nigerian Insurers Association (NIA) showed that before now the […]
Kindly leave a comment and share The Nigeria Civil Aviation Authority (NCAA), on Wednesday, suspended the operations of XeJet over alleged fake insurance certificate. A letter referenced, NCAA/DGCAIGC/8/16/628, titled; Notice of Suspension of the Air Transport License (ATL) and Air Operators Certificate (AOC) EXJETJAOC/01-22/00, signed by the Director General, NCAA, […]
Kindly leave a comment and share Chuks Udo Okonta Many people believe they can manage their risks, hence don’t consider insurance in their financial plan. This belief is known as self insurance. The concept of self insurance has led many people into poverty and even death as they were unable […]
By Ivor Takor mni Esq In Nigeria, the first public sector pension scheme was the Pension Ordinance of 1951, with retrospective effect from 1st January, 1946. The law provided public servants with both pension and gratuity. Pension Decrees 102 and 103 (1979) were enacted for public service and military respectively, […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has set Thursday, October 19, 2023 for investiture of its incoming President Prince Babatunde Oguntade. The President of NCRIB, Rotimi Edu, said this yesterday at the August 2023 Edition of NCRIB Members’ Evening […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has given employers with incomplete remittance documentations till December 31, 2023 to provide their Pension Fund Administrators (PFAs) requisite information to facilitate the crediting of pension contributions into the employees RSAs or face regulatory actions. PenCom […]
Kindly leave a comment and share Chuks Udo Okonta Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First […]
Kindly leave a comment and share The Guild of Corporate Online Publishers (GOCOP) has visited the acting Comptroller General of Nigeria Customs Service, CG Adewale Adeniyi, in Abuja as part of preparations for its Annual General Conference. The GOCOP team was led on the visit to the CG by its […]
