Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Retirement Savings Accounts (RSAs) holders contributed N1.25 trillion within January and November 2019, making the pension fund assets to hit N9.99 trillion. According to the National Pension Commission (PenCom), pension fund assets as at January 2019 stood at N8.74 […]
Pension
PenCom directs PFAs to implement pension enhancement for retirees under PW
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has directed all Pension Fund Administrators (PFAs) to implement the second edition of the pension enhancement exercise for retirees on Programmed Withdrawal (PW) mode of retirement. A statement by its Head Corporate Communications, Peter Aghahowa, stated that […]
PenCom grants certificate of compliance to AIICO, 191 firms to seek FG’s contracts in 2020
PenCom’s Acting Director-General, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has granted certificate of compliance to AIICO Insurance Plc and 191 firms to seek federal government’s contract this year. This was contained in the schedule of employers issued with certificate of compliance […]
Inspenonline appreciates your supports
The Management of Inspenonline Limited appreciates God Almighty and all those who supported us in the year 2019. Our thanks go to, the Chartered Insurance Institute of Nigeria (CIIN); National Pension Commission (PenCom); National Insurance Commission (NAICOM); Nigerian Insurers Association (NIA); Pension Fund Operators Association of Nigeria (PenOp); Nigerian Council […]
Over N7.04trn pension assets invested in FG, State securities, as NEC eyes N2trn
Leave a comment and share Chuks Udo Okonta While the National Economic Council (NEC) considered the possibility of investing N2 trillion out of the Contributory Pensions Fund on infrastructure development in the country, data obtained from the National Pension Commission (PenCom) said N7.04 trillion out of the N9.81 trillion pension […]
Stakeholders enumerate how to secure the future
From left: Principal Partner, Peninscope Professional Warranty Limited, Peter Adediji and Executive of Lagos State Ministry of Information and Strategy, Odumade Mobolaji at the event. Leave a comment and share Chuks Udo Okonta Stakeholders at the 2019 Peninscope Public Lecture & Awards have enumerated how and why the future should […]
Pension assets soar to N9.81trn, as FGN securities gulp N6.91trn
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The pension assets has soared to N9.81 trillion as at the end of October 2019, the National Pension Commission (PenCom) has said. According to PenCom, the fund assets gained N23 billion between September and October this year, even as […]
CSR: Premium Pension donates to schools, IDPs, orphanage
Leaves a comment and share Chuks Udo Okonta Premium Pensions Limited (PPL), one of Nigeria’s leading Pension Fund Administrators (PFAs) with regard to Assets under Management, (AUM) has donated educational materials to select schools in Nigeria. The PFA also donated relief materials to some Internally Displaced Persons (IDPs) and orphanages […]
60,000 workers join CPS in three months
From left: Head, States Operations Depertment, National Pension Commission, Babatunde Philips; Chairman, National Association of Insurance and Pension Correspondents (NAIPCO)/ Insurance Editor Nation Newspaper Omobola Tolu-Kusimo and Head, Corporate Communications Department, PenCom, Peter Aghahowa at the event. Leave a comment and share Chuks Udo Okonta About 60,000 workers from the […]
Lagos State pays N1.51bn accrued pension rights to 426 retirees
From right: Mrs. Onanuga presidenting a bond certificate to a retiree Leave a comment and share Chuks Udo Okonta The Lagos State Government at the 69th Retirement Benefit Bond Certificate Presentation Ceremony paid Accrued Pension Rights of N1,514,251,233.33 (One Billion, Five Hundred and Fourteen Million, Two Hundred and Fifty-One Thousand, […]