Category: Insurance & Pension

Pensioners in the South-East have asked President Muhammadu Buhari to jail all persons involved in pension fraud in the country. Leaders of the Nigeria Union of Pensioners, South-East Zone, who made the demand in a communique issued after a meeting in Enugu, also pledged their support for the President’s anti-corruption campaign. They urged their members…

For achieving growth in the pension industry, the Director- General of the National Pension Commission (PenCom), Mrs. Chinelo Anohu-Amazu has bagged The Sun Award in the Public Service category for 2015. The award plaque was presented to her alongside other winners, including the Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu and…

The National Pension Commission (PenCom) on Friday said the pension funds has grown to N5.3 trillion.   L-R  Ehime Ehioma, Head, Investment and Supervision Department, PenCom; Mrs. Chinelo Anohu-Amazu; Director General, National Pension Commission, Mohammed Bello Umar; Head, Compliance and Enforcement, PenCom, Olulana Loyinmi, Head, Benefits and Insurance Department, PenCom, and Umar Mohammed, Head, Lagos…

A total of N160 billion out of the N5.1 trillion pension fund has been invested in four States Bonds towards infrastructure development as at September 2015. The States include Lagos, Delta, Osun and Niger State. This was made known in a report made available to The Nation by the National Pension Commission (PenCom). According to…

Continental Reinsurance Plc, the largest private pan-African reinsurer outside South Africa, says it has changed its shareholding structure following regulatory approvals. The company said, in a statement on Tuesday, that its ultimate shareholding structure would now comprise indirect stakes held by Capital Alliance Private Equity IV Limited and Saham Finances SA (the insurance arm of…