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INSURANCE & PENSIONS

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...
PenCom clears over 4000 firms to bid for FG contracts

PenCom urges states to embrace contributory pension

The National Pension Commission (PenCom) on Thursday advised the state governments yet to key into the Pension Contribution Scheme (CPS) to do so for...
PenCom clears over 4000 firms to bid for FG contracts

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%

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),...
NAICOM expands areas of coverage, set up 3 new directorates

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,...
PenCom allays fear over management of N8.67trn pension fund

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 again bows to pressure, withdraws SIP policy

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...
PenCom allays fear over management of N8.67trn pension fund

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...