House of Representatives threatens to issue a bench warrant to compel Pension Fund Administrators to appear before its ad hoc committee if they fail to attend the public hearing on April 4 . Rep Johnson Agbonayinma (APC – Edo ), Chairman , Ad hoc Committee to Investigate the Activities of […]
Pension
A, B, C of Micro Pension Plan
Leave a comment and share Chuks Udo Okonta The National Pension Commission Pension (PenCom) has said the Micro Pension Plan ( MPP) was designed to fit the peculiarities of the informal sector groups. The Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar, who stated this at the launch of the plan in […]
Updated: Buhari launches multi-trillion micro pension plan
President Buhari (2nd left); followed by Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar and other dignitaries at the event. * Pension fund soars above N8.74 trillion Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari has launched the micro pension plan for self-employed Nigerians, which is expected to attract […]
Buhari to launch micro pension plan on Thursday
Buhari Leave a comment and share Chuks Udo Okonta As part of the initiatives to bring financial inclusion to all working Nigerians, the President of the Federal Republic of Nigeria , Muhammadu Buhari will launch the Micro Pension Plan (MPP) on Thursday March 28,2019 at the State House in Abuja. […]
How pension assets increased by N2.4tn in two years – PenCom
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has attributed the increase of pension assets from N6.42 trillion as at the end of March 2017 to N8.63 trillion as at December, 2018, a growth of N2.4 trillion (37.4 per cent) majorly to […]
Premium Pension appoints Prof. Ofo as independent director
Prof. Ofo Leave a comment and share Chuks Udo Okonta As part of its strategy to provide excellent services and propel the Company to greater heights, the The Board of Premium Pension Limited has appointed Professor Nat Ofo as an Independent Director, which is in line with the firm’s strategy […]
PFAs invest N5.03tn of N8.64tn pension funds in FGN securities
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have invested N5.03 trillion out of the N8.64 trillion pension assets in Federal Government’s securities, as at the end of December, 2018, the National Pension Commission (PenCom), has said. Data obtained from PenCom stated that 73.09 per cent […]
Lagos State commences 18% pension contributions, pays N1, 001bn to 177 retirees
Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government has on Thursday, 7th of March, 2019 presented Retirement Benefit Bond Certificates worth One billion, One million and One Hundred and Thirty-Nine Thousand Naira Only (N1,001,139) to 177 Public Service retirees. A statement by Mrs Ajoke Lawal […]
PenCom restructures, gets new heads of departments
Babatunde Phillips Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has announced the restructuring of some of its departments for effective coordination of activities. According to the Head, Corporate Communications Department, PenCom, Peter Aghahowa, the restructuring was as a result of the retirement […]
Stanbic IBTC Pensions, two other Stanbic IBTC subsidiaries receive ISO certifications
Stanbic IBTC Asset Management Limited, Stanbic IBTC Trustees Limited, and Stanbic IBTC Pension Managers Limited, members of Stanbic IBTC Holdings PLC, have received the ISO 9001:2015 Certifications, the latest certification in the series, a highly regarded Quality Management System certification globally. Lead Auditor, DQS Management Nigeria Limited, a leading global […]
