Oyegunle Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) is leveraging its College of Insurance and Financial Management (CIFM) to conduct research on skill gap in the insurance sector that would enable practitioners identify key business areas to focus on. The President of […]
Pension
PTAD commences mop-up, in house verification
Leave a comment and share Chuks Udo Okonta PTAD has notified its esteemed Pensioners/NoKs that the mop up verification exercise earlier scheduled for 18th January, 2021 will now commence from 17th February to 23rd February 2021 at the Directorate’s Headquarters Abuja. A statement by the organisation noted that the exercise […]
Lagos pays N1.5bn restates commitments to pensioners welfare
From left: Olumuyiwa Oshin Executive Director Finance and investment Lagos state Pension Commission, Mrs Christiana Alakija a Retiree receiving her Bond Certificate from the Director-General Lagos state Pension Commission, Babalola Obilana during the 82nd Bond Certificate presentation in Alausa Ikeja Leave a comment and share Chuks Udo Okonta The Lagos […]
PenCom drives CPS with compliance certificates issued to 1911 firms
Director General, National Pension Commission, Mrs. Aisha Dahir-Umar-Umar Leave a comment and share Chuks Udo Okonta Committed to ensuring that successes achieved over the years are sustained, the National Pension Commission (PenCom) had issued compliance certificates to 1911 firms as at January this year, to enable the organisations transact business […]
Pension assets gained N2.48tn in 2020
Leave a comment and share Chuks Udo Okonta Pension fund assets gained N2.48 trillion in 2020, as contributed fund which stood at N9.81 trillion as at January 1, 2020, peaked at N12.29 trillion by December 31, 2020. Data obtained from the National Pension Commission (PenCom) revealed that as at December […]
Contributors inject N1.85tn into pension fund in 11 months
Leave a Comment and share Chuks Udo Okonta About N1.85 trillion was injected into the pension fund assets between January and November 2020 by Contributory Pension Scheme (CPS) subscribers, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that as at January 2020, the pension fund assets […]
Pension fund assets soar to N12.29tn
Leave a comment and share Chuks Udo Okonta The pension sector fund assets has soared to N12.29 trillion by November 30, 2020, the National Pension Commission (PenCom) has said. This represented a 1.94 per cent increase when compared with N12.053 trillion recorded as at October 31, 2020, it said, noting […]
Pension assets soar to N11.57tn as PFAs invest N2.01tn in money market
Leave a comment and share Chuks Udo Okonta The pension fund assets stood at N11.57 trillion as at September 30, 2020, out of which N2.01 trillion was invested in local money market, the National Pension Commission (PenCom) has said. PenCom stated this in its summary of pension funds portfolio for […]
FG releases N11.82bn for MDAs retirees’ accrued pension rights
Leave a comment and share Chuks Udo Okonta The Federal Government has released N11.82 billion for payment of accrued pension rights of retirees under its Ministries Department and Agencies (MDAs). Head, Corporate Communications Department, National Pension Commission (PenCom) Peter Aghahowa, disclosed this in a statement, noting that accrued rights represent […]
PenCom automates employees verification, enrolment, eyes Q1 2021 for takeoff
PenCom’s Director-General, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says it is putting an automated process in place that would ensure seamless conduct of the annual verification/enrolment exercise. A statement by the commission noted that the new process has two options for […]
