Leave a comment and share Chuks Udo Okonta The Director-General National Pension Commission (PenCom), Chinelo Anohu-Amazu, as part of the commission’s renewed efforts at ensuring pensions funds are channeled towards economic development through viable and safe investments, will be addressing a large diverse audience at the National Lecture Series of […]
Pension
Pension fund assets hit N5.39trn in March
Leave a comment and share Chuks Udo Okonta Total pension fund assets had grown to N5.39 trillion as at March, 2016, the Director-General National Pension Commission (PenCom), Mrs Chinelo Anohu-Amazu, has said. Anohu-Amazu, who was represented by PenCom’s Head, Research and Strategy Management, Dr. Farouk Umar, said this at a […]
PenOp decries lack of infrastructure bond in Nigeria
From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators Association of Nigeria (PenOp) Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, […]
Atlantia Said to Draw Pension Funds to $4.6 Billion Highway Deal
Infrastructure company may sell up to 30% of Autostrade unit Atlantia plans to use proceeds to expand outside Italy Atlantia SpA, the Italian infrastructure company controlled by the Benetton family, could raise more than 4 billion euros ($4.6 billion) from the sale of a minority stake in its Autostrade per […]
Paramilitary threatens Nigeria’s pension system
Nigeria s paramilitary agencies have commenced moves to take over the management of their own pensions, away from the existing Pension Fund Administrators (PFAs) who had managed the scheme since the Pension Reform Act 2004 came into being over 10-years ago, BusinessDay findings reveal. A source close to the industry […]
Nigerian Pension Funds record modest gains in Q1’16
Uche Ndimele The depreciated Naira and falling oil prices could not stop pension funds in Nigeria from posting positive performances in Q1, howbeit modest. Analysis by Quantitative Financial Analytics shows that Nigerian pension fund managers posted modest return of between 0.29% and 2.95% for RSA funds and between 1.58% and […]
Nigerian Pension Funds Record Modest Gains in Q1
From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators Association of Nigeria (PenOp) Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, […]
Photos: Faces at a pre-retirement forum organized by Stanbic IBTC Pension Managers Limited in Lagos on Thursday
From left: Executive Director, Investments, Stanbic IBTC Pension Managers Limited, Mr. Oladele Sotubo; Executive Director, Wema Bank, Mr. Ademola Adebise; and Head, Business Development, Stanbic IBTC Pension Managers Limited, Mrs. Nike Bajomo; at a pre-retirement forum organized by Stanbic IBTC Pension Managers Limited in Lagos on Thursday. From left: Executive […]
Pension: EFCC arrests suspended DG, others for N2.5bn fraud
Eniola Akinkuotu and Ifeanyi Onuba The Economic and Financial Crimes Commission has arrested the suspended Director-General, of the Pension Transitional Arrangement Directorate, Nelly Mayshak, and three others, Yoab Youssoufou, Patricia Iyogun, and Ruth Imonikhe for a N2.5bn fraud. PTAD is an independent pension agency established in August 2013 to oversee […]
California pension fund won’t drop tobacco divestment talks
SACRAMENTO, Calif. (AP) – The board overseeing the nation’s largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago. The California Public Employees’ Retirement System investment committee decided Monday to review the tobacco divestment over the next two years and make a […]
