FGPL takeover to protect pension contributors – PenCom
The National Pension Commission said it acted within its powers by taking over the affairs of First Guarantee Pension Limited. It said that the...
Ecobank & Old Mutual Boost Relationship with New Agreement
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, and Old Mutual Emerging Markets (OMEM), a part of the Old Mutual Group, today...
Goldlink Insurance to raise N8 Billion from Investors
The Interim Management Board (IMB) of Goldlink Insurance Plc said they are planning to raise N8 billion in the next two months as part...
FMDQ, PenCom, sign deal for improved governance
FMDQ OTC Securities Exchange has entered into Regulatory Supervision Collaboration Agreement with the National Pension Commission (PenCom). In a statement yesterday, PenCom Director-General, Mrs....
Fed Govt moves to insure mortgages
The National Insurance Commission (NAICOM) and the Federal Mortgage Bank of Nigeria (FMBN) have agreed to collaborate to insure all mortgages in the country.
The...
FG to pay over N10bn premiums owed insurance companies
The federal government has promised to offset outstanding premiums owed the insurance industry as soon as the economic situation of the country improves.
Cumulative premium...
Prestige Assurance targets 15% Premium in 2015
The Managing Director of Prestige Assurance Plc Dr Balla Swamy said they are expecting to grow their premium income by 15 percent from N2.6...
Pension Fund Administrators pay retirees N3.4bn monthly
Pension Fund Administrators in Nigeria (PFAs) pay a total of N3.4 billion to retirees monthly under the programme withdrawal system of Retirement Benefit payment...
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Jubilation As Agama Assumes Office As SEC DG
The staff of the Securities and Exchange Commission were in great jubilation as newly appointed Director General Dr. Emomotimi Agama assumed office in an...
Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years … As...
Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four...
Standard Chartered Appoints Dalu Ajene As Chief Executive Officer
Standard Chartered Bank has announced the appointment of Dalu Ajene as the Chief Executive Officer of the Bank’s operations in Nigeria. The appointment of...
