Pension
PFAs invest N303.58bn in MTN, Dangote industries
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) invested N303.58 billion in MTN Nigeria Series I and Dangote Industries series I, a report from Pension Fund Operators Association of Nigeria (PenOp) has revealed. According to the report, by Executive Secretary PenOp Oguche Agudah, the investments […]
N17.43tn pension fund assets invested – PenCom
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said N17.43 trillion of the N17.66 trillion pension fund assets has been invested in different approved asset classes, leaving the pension sector with cash and other assets of N229.82 billion as at October 31, 2023. […]
PFOs increase workers’ pension contributions with over N8tn return on investment
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFOs) have grew workers pension contributions by over N8 trillion accruing from investments. Data from Pension Fund Operators Association of Nigeria (PenOp) revealed that the total funds under the Contributory Pension Scheme (CPS) stood at 17.64 trillion as […]
PenCom calls on former employees of defunct banks to access N12bn uncredited pension contributions
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has called on former employees of defunct banks and other organisations to check if their names are contained on a list published on its website so as to access the N12 billion pension contributions made by […]
Retirees get N2.72tn benefits, as pension fund assets soar to N17.66tn
Kindly leave a comment and share Chuks Udo Okonta Retirees numbering N1.27 million have received N2.72 trillion pension benefits since inception of the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has said. Head of Surveillance Department PenCom, Ehimeme Ohioma, said this today at the 2023 Pension Fund Operators […]
Photos: Faces at ongoing 2023 Pension Fund Operators Association of Nigeria media parley in Lagos
How motorists attitude to insurance measures value of their vehicles
Kindly leave a Chuks Udo Okonta The things we love are specially protected and insurance is one of the best means to ensure protection. Therefore, your attitude to insurance shows the value of your vehicle. In this article, the value on vehicles would be considered in four dimensions which are; […]
Pension sector’s growth hinges on strong economy, job creation – Onanuga
Kindly leave a comment and share Chuks Udo Okonta Pension sector’s penetration and growth will depend on strong economic growth and job creation, the former Director General Lagos State Pension Commission (LASPEC) Mrs. Folashade Onanuga, has said. She disclosed this at the 2023 Certified Pension Institute of Nigeria (CPIN) Investiture, […]
