30 results
- 14 Mar 2023
PenCom Appoints Stanbic IBTC Bank to Process RSA Backed Mortgage
National Pension Commission (PenCom) has named Stanbic IBTC Bank as one of the banks to process Retirement Savings Account (RSA) backed mortgages. The RSA Backed mortgage initiative of the Pension…
- 20 Dec 2021
PenCom Reassures on Safety of RSA Contributions
The National Pension Commission (PenCom) has said it is committed to ensuring that all pensioners under the Contributory Pension Scheme (CPS) are fully recaptured and uniquely identified on the…
- 28 Aug 2018
Suffer a Data Breach; Lose up to One Third of Your Customers
Astonishing findings from RSA’s recent survey in the UK showed that 28 percent of customers have elected to boycott companies that have been shown to mishandle personal data. RSA is a global…
- 27 Sept 2021
Pal Pensions Launches Fund VI, Reiterates Commitment to Innovative Service Delivery
PAL Pensions has announced the launch of Fund VI, the sixth investment fund for its Retirement Savings Account (RSA) holders. A statement by the group said the fund is part of the multi-fund…
- 23 Sept 2022
PenCom to Allow Workers Use Pensions for Mortgage
The National Pension Commission, has commenced approval for workers to use 25 per cent of their Retirement Savings Accounts as mortgage. It disclosed this in a statement on Friday, titled, ‘PenCom…
- 23 Feb 2018
Early Detection, Rapid Response Critical for Targeted Attack Remediation
In combatting a targeted attack on your network, early detection and rapid response are both critical. Cyber security experts accept the strong possibility that criminals will be able to enter…
- 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…
- 16 May 2022
PenCom Mandates Data Update for Contributors
The National Pension Commission has urged all Retirement Savings Account holders to visit any branch of their Pension Fund Administrators to participate in the ongoing data recapture exercise. PenCom…
- 6 Feb 2023
Pension Funds Recorded Significant Growth in 2022
The sound regulation and supervision of the Contributory Pension Scheme (CPS) in Nigeria by the National Pension Commission (PenCom) has yielded positive results, as evidenced by significant growth…
- 1 Oct 2017
Investment on Innovation Centres Will Speed Up Nigeria’s Digitalisation- Nicholas
Travers Nicholas is the general manager, Dell EMC West Africa. Working with his team, Travers spends time with customers helping to guide them through their digital transformation encompassing…
- 21 Mar 2016
Budget Constraints Begin to Bite Smart Digital Enterprise
In a recent IT security survey of Middle East organizations conducted by International Data Corporation (IDC), almost 60% of the respondents identified budget constraints as a major challenge when it…
- 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…
- 15 Apr 2015
User Mistakes Aid most Cyber Attacks - Report
When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims…
- 1 Mar 2022
PenCom Enlists 73,600 Artisans in Contributory Pension Scheme
No fewer than 73,600 informal sector workers have registered under the Contributory Pension Scheme as of the end of December 2021, according to figures obtained from the National Pension Commission…
- 30 Nov 2023
Burna Boy Leads as Top Streamed African Artist in Sub Saharan Africa
Spotify has released Wrapped 2023, the annual data-led review of how people listened to music and podcasts, on the platform. Drake is the most streamed artist in Sub-Saharan Africa, followed by Burna…
- 7 Sept 2016
Dell, EMC Merger Sealed, Done
Dell Technologies has announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build…
- 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…
- 5 Oct 2015
Pension Fund Asset Hits N5tn – PenCom
The National Pension Commission yesterday said the asset in the Contributory Pension Scheme, which started in 2004, has grown to over N5tn. It also said the need to ensure adequate security of the…
- 17 Apr 2018
Tech Firms Vow not to Aid Government Cyber Attacks
Microsoft, Facebook and more than 30 other global technology companies yesterday announced a joint pledge not to assist any government in offensive cyber attacks. The Cybersecurity Tech Accord, which…
- 16 Oct 2014
Infrastructure Virtualization Crucial for Service Delivery Efficiency- EMC
The virtualization of infrastructure will translate into improved data management and ultimately facilitate cost savings and more efficient use of service delivery networks in Nigeria’s public…
- 16 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…
- 11 Mar 2019
Konga Joins Intel’s Coveted Partner Acceleration Program
Nigeria’s foremost e-Commerce powerhouse, Konga has been migrated to the Retail Accelerator Program of global technology giant Intel, thereby becoming the first e-Commerce company in Sub-Saharan…
- 11 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…
- 29 Jun 2020
FCMB Acquires 96% of AIICO Pensions
FCMB Group has notified the Nigerian Stock Exchange, NSE, that its pensions arm, FCMB Pensions Limited, has entered into an agreement to acquire 96% of AIICO Pensions Limited. A statement by FCMB…
- 13 Oct 2020
Sigma Pensions Unwraps Nafi on WhatsApp
Sigma Pensions has launched an Artificial Intelligence (AI) powered chatbot named ”Nafi” on WhatsApp to provide real-time self-service to customers, a move the company said, is in line with its…
- 30 May 2021
Be Wary of IGVM Ransomware – NITDA Warns Nigerians
The National Information Technology Development Agency (NITDA) has warned Nigerians to beware of IGVM Ransomware, a file encryption infection that restricts access to data such as documents, images,…
- 8 Oct 2015
Dell in Talks to Buy Data Storage Company EMC
Dell Inc, the world's third largest personal computer maker, is in talks to buy data storage company EMC Corp (EMC.N), a person familiar with the matter said, in what could be one of the biggest…
- 28 Aug 2014
Google, Intel, Others Form IEEE's Software Design Center
The IEEE Computer Society, an association for computing professionals, has launched a cybersecurity initiative with the aim of expanding its ongoing involvement in cybersecurity, according to…
- 6 Feb 2022
Contributory Pension Assets hit N13.18tn, says PenCom
Assets under the Contributory Pension Scheme rose to N13.18tn at the end of October last year from N12.3tn in December 2020, data obtained from the National Pension Commission have shown. PenCom, its…
- 17 Jul 2013
Big Data Analytics Will Transform Businesses In Nigeria-EMC
EMC Corporation, a global leader in enabling businesses and services providers transform their operations and deliver IT as a service on Wednesday hosted its first annual Forum in Nigeria, discussing…