16 results
- 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…
- 13 Jul 2010
Pencom, Stakeholders Seek Solution to N10B Reconciliation Problem
Worried by the inability of the Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to achieve a balanced reconciliation of the contributing pension funds between them, Nigerian…
- 28 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…
- 29 Jun 2010
Stakeholders Discuss e-Pension at Remita Workshop
About 70 senior pension industry executives from 25 Pension Fund Administrators and Custodians met recently to discuss and share experiences on e-Pension and e-Payment at a Remita…
- 21 Dec 2022
PenOp Kicks Against Passage of Bill Exempting National Assembly Service from CPS
Pension fund operators and custodians have condemned the recent passage of a bill seeking for an Act to amend the Pension Reform Act, 2014, to exclude and exempt the National Assembly Service from…
- 6 Jul 2010
Pension payment to Embrace E-Payment
The payment of pension claims in Nigeria has over the years been shrouded in pains and agony. Many have died trying to collect their retirement benefits. Unfortunately the various efforts made in the…
- 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…
- 17 Aug 2010
Non Compliance with Pension Act: Axe Daggles on 90 Firms
The Director-General of the National Pension Commission (PENCOM) Alhaji Mohammad Ahmad has reiterated that there was no going back in its resolve to prosecute companies who fail to comply with the…
- 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…
- 8 Nov 2021
Obaro, SystemSpecs Boss Reveals How He Left Banking to Start Remita
John Obaro, managing director, SystemSpecs, has revealed that he resigned as a banker to start the firm and build its HR technology solution, HumanManager and later its renowned financial technology…
- 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…
- 13 Jul 2010
Pencom Investigates Complaints Against Operators, Employers
It is within the powers of National Pension Commission (PenCom) to investigate complaints against pension operators and employers of labour, Muhammad Ahmad, PenCom Director General has said. He…
- 14 Apr 2020
CSCS Assures on Depository Service to Investors
Central Securities Clearing System (CSCS) has said it is well-positioned to clear and settle all secondary market transactions on debit notes, going forward, notwithstanding the Exchange where it is…
- 17 Jun 2025
SEC Working on Stablecoin Regulation Framework
Securities and Exchange Commission (SEC) is working with developers to establish a regulatory framework for stablecoins, according to Dr. Emomotimi Agama, director-general, SEC. Agama made this…
- 4 Aug 2015
Carmudi, Custodian Allied Insurance Partner on Online Car Insurance
In a genuine bid to make insurance, especially vehicle insurance more accessible to current and intending car owners, Custodian and Allied Insurance Limited, a top rated insurance service provider…
- 3 Dec 2025
SEC to Enhance Investor Engagement with USSD Code, ISS Audio
The Securities and Exchange Commission (SEC) is set to unveil two innovative products – a USSD Service and ISA Audio – designed to democratise information dissemination and enhance investor…