.PenCom assures safety of pension assets The former Director-General, National Pension Commission (PenCom), Mrs Chinelo Anohu- Amazu, today handed over the mantle of leadership to an Acting Director-General, Mrs Aisha Dahir-Umar. A statement by the Head, Communication PenCom, Emeka Onuora, said Mrs Aisha Dahir-Umar, will steer the activities of the […]
Pension
Anohu-Amazu: An Amazon Bows Out of PenCom
Anohu-Amazu Hadiza Mailafia Although the recent leadership changes by the Federal Government (FG) affected 23 of its agencies, the removal of the Director-General (DG) of the National Pension Commission (PENCOM), Mrs. Chinelo Anohu-Amazu, and PENCOM commissioners has raised a lot of dust. Unlike in most organisations where staff go on […]
Why DSS stormed Pencom, by insider
DSS By Mathias Okwe • Ex-Director General Hands Over Tomorrow Detectives from the Department of State Security (DSS) have raided the office of the National Pension Commission (PenCom) apparently to arrest its recently sacked Director -General, Mrs. Chinelo Anohu-Amazu for reasons yet unknown. Mrs. Anohu- Amazu, who confirmed the invasion […]
Nigerian Pension Funds continue to reduce exposure to Equities
In a bid to bolster their performance, strengthen their risk management strategies and in response to the lack luster performance of the Nigerian stock market, pension fund managers in Nigeria have increasingly been reducing their exposure to the stock market by allocating less and less of their assets to domestic […]
Pension funds post strong first-quarter return
RSA Pension funds, on the average, returned 2.84% while Retiree Funds had an average return of 3.4% in the first Quarter of 2017. By contrast, the return of the Nigeria Stock Exchange’s Pension Index for Q1 2017 is negative -1.14%. All the pension funds category tracked by Quantitative Financial Analytics […]
Profiles of new PenCom DG, Chairman
Aliyu Dikko Aliyu Dikko was the pioneer Managing Director/Chief Executive Officer (MD/CEO) of Premium Pension Limited (PPL) until he retired in 2011 and was almost immediately elected as the Chairman, Board of Directors of the Company, which he left in February. Before becoming the MD/CEO of PPL, Mr. Dikko was […]
FG appoints Dikko DG PenCom, Thomas Deputy Commissioner NAICOM
Dikko Leave a comment and share Chuks Udo Okonta The Federal Government has appointed Dikko Aliyu Abdulrahman, as Director-General, National Pension Commission (PenCom) and Sunday Thomas, the former Director-General, Nigerian Insurers Association (NIA), Deputy Commissioner, National Insurance Commission (NAICOM). Funso Doherty, was appointed Chairman of PenCom and Akin Akinwale, Executive […]
Inspen retirement mata starts in grand style
Inspen Retirement Mata, commenced on Friday, April 7, 2017 on a good note. This was revealed by the responses generated during and after the programme. The programme which was aired on 102.7 Naija FM, provided an avenue for the public to be undated on current issues and analysis on the […]
PRA 2014: Rep proposes bill seeking 50% benefits for sacked workers
Leave a comment and share Chuks Udo Okonta A member of the Federal House of Representatives, Hon. Amadi Dennis Oguerinwa, has proposed a bill to alter section 7 of the the Pension Reform Act (PRA) 2014, to raise pension benefits for those disengaged from work and were unable to secure […]
Adeosun heads new committee on pension debts
Finance Minister, Kemi Adeosun By Cecilia Ologunagba President Muhammadu Buhari has approved a committee, headed by Kemi Adeosun, the Finance minister, to estimate the pension liability of the Federal Government. Budget and National Planning Minister, Senator Udoma Udo Udoma made this known Friday in a statement by his Media Adviser, […]
