30 results
- 28 May 2024
PenOp Seeks Legislation to Allow Offshore Investment of Pension Funds
Pension Fund Operators Association of Nigeria, PenOp, has appealed to members of the National Assembly to amend the pension law to allow for the investment of pension funds offshore to hedge against…
- 24 Dec 2021
PenOp says Pension Industry Grows by 18% in Five Years
Nigeria’s pension industry grew by 18 per cent in the last five years, the Pension Funds Operators Association of Nigeria has said. PenOp said this in a statement titled ‘Pension funds and private…
- 23 Dec 2020
Stanbic IBTC Pension Fund Managers to Invest in Real Estate, Infrastructure
Stanbic IBTC Pension Fund Managers, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects. Financing the development of domestic industries with…
- 14 Jun 2023
PenCom, PFAs Identify Challenges to Micro Pension Implementation in Nigeria
Pension Fund Administrators (PFAs) and the National Pension Commission (PenCom) have highlighted the challenges they have faced in their efforts to smoothly push the federal government’s Micro…
- 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…
- 17 May 2021
PenOp Partners AVCA on Private Equity Investments
The Pension Fund Operators Association of Nigeria (PenOp) has gone into partnership with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop…
- 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…
- 6 Nov 2020
Operators Seek Review of Insurance, Pension Investment Legislations
Operators in the real sector as well as the insurance and pension sectors have called for urgent review of legislations guiding investments in various sectors of the economy in order to allow real…
- 26 Sept 2022
PenOp Urges Organisations to Prioritise Emotional Intelligence
The Pension Fund Operators Association of Nigeria has urged employers to leverage on emotional intelligence, prioritise wellness and mental health check-ins with their employees. PenOp said it was…
- 4 Apr 2024
PenOp Launches Networking Platform for Women
Pension Fund Operators Association of Nigeria (PenOp), has launched a mentoring and networking platform for women in the spirit of the 2024 International Women’s Day (IWD) celebrations commemorated…
- 27 Nov 2024
PenCom, PenOp to Integrate Uncovered Workers into Micro Pension Plan
The National Pension Commission (PenCom) and the Pension Operators Association of Nigeria (PenOp) are taking steps to integrate workers who are not currently contributing to the Contributory Pension…
- 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…
- 11 Apr 2022
Nigeria’s Financial Markets Receive Boost from UK-aid via FSD Africa
Nigeria’s financial markets have been boosted by a series of announcements and commitments by Financial Sector Deepening (FSD) Africa, a specialist development agency working to strengthen financial…
- 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…
- 15 Nov 2021
PenOp Urged to Engage PenCom on Extension as 50% of PFAs Meet Target
Barely six months to the deadline given to Pension Fund Administrators (PFAs) to upgrade their minimum capital from the current N1billion to N5 billion, only 50 per cent of the 22 PFAs have met the…
- 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,…
- 26 Jun 2022
PenCom says Pension Assets Rose to N14.2tn in May
The total assets under the Contributory Pension Scheme rose to N14.2tn in May, according to figures from the National Pension Commission released over the weekend. This was contained in the National…
- 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 Sept 2025
PenCom Redesigns Pension Plan, Targets Informal Sector
The National Pension Commission has announced new measures to expand pension coverage in Nigeria’s vast informal sector by leveraging super agents and financial technology platforms to simplify…
- 14 Oct 2022
NGX Targets $20bn ICT Sector with Specialized Listing Board
Following its bid to strengthen the diversity of the capital market by redefining it as an attractive destination for technology companies, the Nigerian Exchange Limited (NGX) has said that it is…
- 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…
- 18 Jul 2014
Summit Participants Want More Training for Public Sector on E-Payment
Following successful hosting of the 3rd Annual E-Payment for government Summit by E-payment Providers Association of Nigeria, participants believe continuous training of public sector operators on…
- 13 Jul 2018
MTN Seeks Amicable Resolution of Industrial Dispute
MTN Nigeria, telecommunication giant, the has reiterated its desire to pursuing amicable resolution of the industrial disputes with some members of staff. Mr Funso Aina, Public Relations…
- 9 Sept 2015
Smile Secures $365m Financing Towards 4G Expansion in Africa
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in the 800MHz band in Nigeria, Tanzania and Uganda, today announced plans to use US$365 million funding…
- 12 Jul 2019
NANS, NYCN Threaten to Picket DSTV, South African Firms over Xenophobia
National Youth Council of Nigeria (NYCN) and National Association of Nigerian Students (NANS) have threatened to attack South African interests in Nigeria over the repeated attacks and killing of…
- 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…
- 16 Sept 2022
Central Securities Clearing System Joins ISSA’s Board
ISSA has announced that Central Securities Clearing System plc (CSCS), Nigeria, has become a member organisation of the Board of Directors of ISSA, effective September 2022. Haruna Jalo-Waziri, CEO…
- 26 Apr 2021
Transcorp Makes New Appointments, Announces New Subsidiary CEOs
Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate a leading investor in the Nigerian energy sector, through the ownership of Transcorp Power Ltd,…
- 25 Mar 2020
SEC Mulls Automated Surveillance of Capital Market
Securities and Exchange Commission (SEC) plans to deploy a real-time automated market surveillance system that will enable it to monitor real-time activities at the capital market and proactively…
- 22 Oct 2023
Yuguda, SEC DG Explains How Credit Rating Agencies Influence Investment Decisions
Lamido Yuguda , The Director General Securities and Exchange Commission, SEC, has said credit rating agencies, CRAs, play an important role in infrastructural development by providing independent…