PenCom approves 6,851 applications for annuity retirement plan in Q4,2017
The National Pension Commission (PenCom) says it approved 6,851 applications for annuity retirement plan in fourth quarter of 2017.
According to the commission, the number...
Sovereign Trust Insurance grows PAT by 569%
...Shareholders receive 2017 financial report September 27
Having met all the stipulated requirements outlined by the National Insurance Commission (NAICOM) and the Nigerian Stock Exchange (NSE),...
Insurance recapitalisation deadline now Oct. 1 – NAICOM
The National Insurance Commission (NAICOM) on Friday confirmed backdating the insurance companies Tier-based recapitalisation commencement date to Oct. 1, as against January 1,...
Osun pensioners protest non-payment of entitlements
Pensioners in Osun on Tuesday held a peaceful protest to demand payment of their outstanding entitlements and pension arrears.
Our correspondent reports that the procession...
NAICOM urges stakeholders to embrace innovative options
The National Insurance Commission (NAICOM), has urged stakeholders in the Nigerian insurance industry to embrace innovative options and productive collaboration that would help the...
Pay our full entitlements, pensioners beg FG
The Association of Federal Contributory Scheme Pensioners in Oyo State on Monday appealed to the Federal Government to promptly pay the full...
FG commences verification, enrolment of 2019 retirees
The Federal Government on Monday commenced the pre-retirement process, which includes verification and enrolment of its workers, under the Contributory Pension Scheme.
The acting Director-General,...
PENCOM to start verification of prospective retirees
The National Pension Commission (PENCOM) on Wednesday said it had concluded plans to commence verification of prospective retirees from the Federal Civil Service for...
Why we reduced 50% lump sum payable to retirees – PenCom
The National Pension Commission (PenCom) says the 50 per cent lump sum payable to retirees as gratuity on retirement from their Retired Saving Account...
Zenith Insurance records N12.5bn gross premium written, pays N6.7bn claims
Zenith Insurance recorded gross premium written of N12.5 billion during its last financial year ended De. 31, 2017.
It represents 12 per cent increase over...
