Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers Limited has applauded promoters of 2022 ART X Talks and pledged its commitments to promotion of production and collections of art works in Nigeria. The Managing Director, Stanbic IBTC Pension Managers, Olumide Oyetan, in his opening remarks […]
Pension
Access Corporation to acquire indirect equity stake in Sigma Pension
Kindly leave a comment and share Access Holdings Plc, trading as Access Corporation (‘the Corporation’) has announced that the National Pension Commission (PenCom) and the Federal Competition and Consumer Protection Commission (“FCCPC”) have granted their approvals to the proposed acquisition by First Guarantee Pension Limited (‘FGPL’) and First Ally Asset […]
PFAs invest N52.87bn in climate change adaptation projects
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) invested N52.87 billion in green bonds, which are focused on climate change related projects, Inspenonline reports. Green bonds are type of debt issued by public or private institutions to fund themselves. It works like regular bond with […]
We are enjoying retirement with AIICO annuity – Retirees
Kindly leave a comment and share Chuks Udo Okonta and Blessing Ogbebor AIICO Insurance’s customers holding the company’s Annuity policy have expressed delight over excellent and satisfactory services rendered, passing a vote of confidence on the company during the 2022 Customer Service Week. This year’s event themed ‘Celebrate Service’ had […]
New mortgage policy ‘ll catalyze pension industry, boost economy – PenOp
Kindly leave a comment and share Press release Pension Operators would like to commend the National Pension Commission (PenCom) for the recent release of the guidelines that brings into effect the use of a portion of one’s Retirement Savings Account (RSA) as equity contribution for obtaining residential mortgages. The provision […]
Pension contributors now to access 25% of RSA for procurement of residence
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has announced the implementation of guidelines on accessing Retirement Savings account (RSA) balance for payment of equity contribution for residential mortgage by pension contributors. PenCom stated this in a statement make available to Inspenonline, adding that […]
PenCom says highest paid official earns less than ₦1m monthly
Kindly leave a comment and share Press release Following the false and misleading information on the compensation package of the National Pension Commission (PenCom) being circulated in the traditional and social media, it has become necessary to set the record straight in the interest of the Nigerian public. It is […]
PenCom states why Director General didn’t attend House of Reps Finance Committee budget defence
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said its Directo-General, Mrs. Aisha Dahir-Umar, was out of town attending an official engagement, hence, could not appeared before the House of Representatives committee on Finance on Thursday, 08 September 2022, to defend the Commission’s […]
Intrigues as emotion driven RSA holders transfer N277.19bn
Kindly leave a comment and share Chuks Udo Okonta and Blessing Ogbebor Emotions, sentiments and competition seemed to be driving the Retirement Savings Account (RSA) Transfer System as over N277.19 billion has been moved from one Pension Fund Administrator (PFA) to another since the opportunity was granted by the National […]
PFOs invest N118.31bn in FG’s road financing projects
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said Pension Fund Operators (PFOs) directly invested N118.31 billion pension funds in the Sukuk Bond issued by the Federal Government to finance road projects nationwide in 2021. Pension disclosed this in a document obtained by Inspenonline, noting […]
