30 results
- 22 Mar 2023
Leadway Pensure Emerges W’Africa’s Most Outstanding PFA Brand
Leadway Pensure PFA Limited, one of the licensed Pension Fund Administrator (PFA) has been named West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa Brands…
- 4 May 2020
PenCom Hands over First Guarantee Pension to Reconstituted Board
The National Pension Commission (PenCom) has handed over First Guarantee Pension Limited, a Pension Fund Administrator (PFA), to a reconstituted board. Mr. Peter Aghahowa, PenCom’s Head of Corporate…
- 26 Nov 2015
Actis Completes $62m Investments in Nigeria’s Sigma Pensions
Actis, the global pan-emerging markets investor on Thursday completed an investment of $62 million for a majority stake in Sigma Pensions (“Sigma”), a leading Pension Fund Administrator (“PFA”) in…
- 31 Oct 2022
Sigma Pensions Targets Market Dominance with Access Corporation Acquisition
The acquisition of Sigma Pensions by entities controlled by Access Corporation (Parent Company of Access Bank) will position it as the fourth largest Pension Fund Administrator (PFA) in Nigeria after…
- 27 Dec 2022
Leadway Pensure Unveils LISA for Seamless Customer Experience
Leadway Pensure Pension Fund Administrator, PFA, has introduced the Leadway Pensure Instant Service Assistant (L.I.S.A.). According to the company, the move is aimed at actualising its quest for a…
- 10 May 2010
Premium Pension Pays N11bn to its Retirees
In line with keeping to industry set standard and alleviating the plights of pensioners, Premium Pension Limited, one of the registered pension fund administrators, PFA, recently held a…
- 4 Apr 2022
PenCom to Sanction PFAs over Pensioners’ Delayed Payment, Others
The National Pension Commission has vowed to sanction Pension Fund Administrators over the spate of delays in the payment of pension benefits, among other related infractions. The commission stated…
- 30 Aug 2021
PenCom Opens Online Enrollment Portal for 2021 Retirees of Treasury-funded MDAs
The National Pension Commission (PenCom) has called on employees of Federal Government treasury-funded Ministries, Departments and Agencies (MDAs) who retired between January and August 2021 to enrol…
- 2 May 2014
PenCom’s Asset Base Hits N4 trillion
Asset base of Pension Commission (PenCom) has reached N4 trillion after clearing unpaid pensions. Mrs. Chinelo Anouh-Amazu, Acting Director General of the PenCom, while answering the call from…
- 28 Jan 2024
Access Holdings Gets Regulatory Approval to Acquire Majority Stake in ARM Pensions
Access Holdings Plc has disclosed that Access Golf Nigeria Limited, a majority shareholder of Access Pensions Limited and a subsidiary of Access Holdings, has received the necessary regulatory…
- 3 Jan 2022
Stanbic IBTC Pension to Reward Customers
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings Plc, says it has launched its 2021 loyalty programme tagged ‘Umatter’, through which its customers will enjoy discounts at its…
- 29 May 2013
N3trn Pension Money in Wrong Hands
Some N2.94 trillion pension funds are at the disposal of few individuals who are not properly supervised, who have no training in the management, and who dip their hands into it as and when they feel…
- 3 Nov 2021
PenCom Unveils Non-interest Fund Structure
The National Pension Commission (PenCom) has announced that it has introduced a Non-Interest Fund (Fund VI) into it existing four different investment fund structures. The Commission, also said it…
- 18 Aug 2022
PenCom says Pension Fund Value, Contributors Hit N14trn, 9m Respectively
The National Pension Commission (PenCom) says the total number of registered contributors and the value of pension fund assets stand at 9,795,957 million and N14.27 trillion respectively, as at June…
- 14 Sept 2022
Report Reveals Pension Funds’ Fixed Income Yields Rise
Pension funds’ exposure to the equities market declined by 6.4 per cent as investors pursue safer, higher yields rate in the fixed income assets, a report by Coronation Merchant Bank has revealed.…
- 1 Jul 2024
SEC Backs Pension Funds to Bridge Funding Gap for Infrastructure Development
The Securities and Exchange Commission (SEC) has reaffirmed its strong support for Pension Fund Administrators (PFAs) and their professionals in driving economic growth, particularly through capital…
- 16 Mar 2009
Backup is Important to Mitigate Crash, Theft -Omotoso
Bolanle Omotoso is the country manager of Data Recovery Specialist Limited. He studied Computer Science and has a Certificate in Marketing at The Polytechnic, Ibadan. He has vast exposure in the ICT…
- 24 Dec 2024
Greenwich Group Celebrates 30 Years of Financial Innovation
Greenwich Group, a leading financial solutions provider in Nigeria, is celebrating 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while…
- 29 Jun 2010
Reconciling Schedules Bane of Pension Industry - Obaro
John Obaro, managing director, SystemSpecs at a Workshop on Remita Pension for Pension Fund Administrators and Pension Fund Custodians in Lagos spoke on Remita Pension, a world class electronic…
- 23 Nov 2012
Stakeholders Hails Zenith Bank’s Listing on LSE, Toasts Achievements
Shareholders of Zenith Bank Plc have endorsed plans by the financial powerhouse to list on the London Stock Exchange (LSE) just as capital market operators said the move is a blessing to Nigeria…
- 10 Jul 2014
UBA Pensions Pays N3.5Bn to 25,000 Retirees
Bayo Yusuf, Managing Director, UBA Pensions Custodian, has said the company currently pays the sum of N3.5bn on a monthly basis as retirement benefits to 25,000 retirees. Yusuf disclosed this in…
- 10 Nov 2016
PEWIN Expands Its Africa Presence to Nigeria
The Private Equity Women Investor Network (PEWIN), a global networking organization for senior women in private equity, with chapters in the US, Europe, Africa and Asia, has now expanded to Nigeria,…
- 20 Jul 2018
Ekiti Decide 2018, Kante & Lil Kesh Again trend on Google Search Nigeria
Nigerians over the weekend took to Google to search for more information on the outcome of Ekiti State gubernatorial election. Mr Taiwo Kola-Ogunlade, Google’s Communications and Public…
- 5 Oct 2018
SEC Laments Number of Financially Excluded Nigerians
Securities and Exchange Commission (SEC) has lamented the non-participation of those in the grassroots in the financial sector, noting that this has affected the Gross Domestic Product (GDP) of the…
- 17 Oct 2018
PenCom Develops ECRS IT Infrastructure for Micro Pension
National Pension Commission (PenCom) has developed the Enhanced Contributor Registration System (ECRS) to facilitate the enrolment of participants in the Micro Pension Scheme when the scheme is…
- 28 May 2019
SEC Warns Operators over Sharp Practices
Securities and Exchange Commission (SEC) on Monday read the riot act to recalcitrant operators in the capital market over unwholesome conduct, urging them to turn a new leaf or face unpalatable…
- 12 Sept 2019
CBN Threatens to Sanction Bank Chiefs Who Breach ePayment Rules
Central Bank of Nigeria (CBN) said it will sanction bank chiefs who its breach e-payment reporting rules, including using unapproved third party end-to-end payment solution. Chief executives…
- 22 Apr 2021
Stanbic IBTC Pensions Boosts Market Operations with New Innovations
The Stanbic IBTC Pension Managers is taking a new innovative path to deliver quality customer experience as the pension industry enters a more competitive stage. Speaking at the 2021 Stanbic IBTC…
- 31 Aug 2021
NAICOM Boss Urges Operators to Strategise for Effective Management of N14tn Annuity Premium
Mr. Sunday Thomas, the commissioner for Insurance, has charged insurance industry operators to strategies on how best to effectively manage the existing N14 trillion pension assets, which will…
- 29 Apr 2022
PenCom Probes PFAs’ Funds as Deadline for Recapitalization Ends Today
The National Pension Commission is investigating the nation’s Pension Fund Administrators evidence of meeting its new capital requirements ahead of the April 30, 2022 recapitalisation deadline,…