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INSURANCE & PENSIONS

PenCom’s Director-General, Aisha Dahir-Umar

Micro Pension Plan to reduce old age poverty by 85% — PenCom boss

The National Pension Commission (PenCom) said on Thursday that the inauguration of the Micro Pension Plan (MPP) would ensure a significant 85 per cent...
PenCom clears over 4000 firms to bid for FG contracts

PenCom approves 2,831 applications for annuity retirement in Q3, 2018

The National Pension Commission (PenCom), has approved 2,831 applications for payment of retirement benefit under life annuity plan. The commission, in its 2018 third quarter...
AXA Mansard partners Techpoint Africa to deepen insurance penetration

AXA Mansard partners Techpoint Africa to deepen insurance penetration

AXA Mansard Insurance Plc on Saturday announced its collaboration with the Techpoint Africa to enhance insurance penetration among tech entrepreneurs and youths in the...
No more dehumanisation of pensioners under my watch - Buhari

No more dehumanisation of pensioners under my watch – Buhari

President Muhammadu Buhari on Friday said his administration has put a stop to the dehumanization of federal pensioners by ensuring they were paid their...
NAICOM again bows to pressure, withdraws SIP policy

NAICOM again bows to pressure, withdraws SIP policy

The National Insurance Commission (NAICOM) on Thursday withdrew State Insurance Producer (SIP), a new insurance distribution channel it newly evolved. The commission announced the withdrawal...
NAICOM expands areas of coverage, set up 3 new directorates

NAICOM expands areas of coverage, set up 3 new directorates

The National Insurance Commission (NAICOM) says it has expanded its areas of coverage by setting up three new directorates and 20 new branches across...
Reps summon SGF, CBN over crisis at Nigeria’s health insurance

Reps summon SGF, CBN over crisis at Nigeria’s health insurance

The House of Representatives Adhoc Committee investigating the crisis rocking the National Health Insurance Scheme (NHIS) has resolved to summon the Secretary to the...
PenCom clears over 4000 firms to bid for FG contracts

PenCom recovers N465m outstanding pension contributions

The National Pension Commission (PenCom) on Tuesday said it had recovered N465.02 million outstanding pension contributions from defaulting employers. PenCom in a statement by its...
NAICOM expands areas of coverage, set up 3 new directorates

NAICOM dissociates itself from trending Ponzi scheme, warns Nigerians

The National Insurance Commission (NAICOM) has dissociated itself from a Ponzi scheme, which was recently ascribed to it and is currently trending on the...
NAICOM again bows to pressure, withdraws SIP policy

2018 2nd Quarter: Insurance industry records 6.07 per cent growth — NAICOM

The National Insurance Commission (NAICOM) on Wednesday said the Nigerian Insurance Industry recorded a 6.07 per cent growth in the second quarter of this...