Let me warmly welcome you all to this historic first edition, of the World Pension Summit Africa Special. I am particularly pleased to address this distinguished gathering, on an issue of overriding importance to people and families; governments and nat
Africonomie is delighted to bring to your attention its upcoming 3rd Africa Pensions and Sovereign Funds Investments Forum | Private Equity Investing in Africa Forum scheduled for September 22 24, 2014 at the Landmark London Hotel.
Helios Investment Partners LLP, a private-equity firm that focuses on Africa, has bought a minority stake in Nigeria's ARM Pension Managers PFA Ltd. to tap into the nation's fast-growing pension market, according to co-founder Tope Lawani.
Over the past century, governments, as well as public and private sector pension and retirement providers, focused on expanding existing and introducing new systems with a core focus on payment of benefits. Strong investment performance limited the percei
Financial analysts have insisted that the move by the National Pension Commission (PENCOM) to move the N305 billion pension savings of the men and officers of Nigeria Police Force(NPF) to the proposed NPF Pensions Limited will jeopardise the future af
The officers and men of the Nigeria Police face a bleak future after retirement if plans by the Federal Government to move the N285 billion pension savings meant for their pension from Pension Fund Administrators (PFAs) to the Police authority is allowed
Latest poll results released by NOIPolls has revealed that more than 6 in 10 Nigerians (64%) do not have pension plans, indicating a potentially huge untapped pensions market in Nigeria. Also more than half of the Nigerians who currently have pension plan
The National Assembly has threatened to bar managers of failed banks, insurance companies and other failed institutions from holding management and board positions at the National Pension Commission (PenCom).
Despite the directive of the National Pension Commission that Pension Fund Administrators should invest 25 per cent of their funds in the capital market, investigations have revealed that the PFAs have not been complying with the order as they now invest
Contributions to the Nigerian contributory pension scheme has hits N1.7 trillion, the National Pension Commission (Pencom), has disclosed. The Head of Corporate, Strategies and Research of Pencom, Farouk Aminu, who revealed this yesterday, when a team of
The revelation two weeks ago by the Director-General, National Pension Commission, Dr. Mohammad Ahmad, that more Pension Fund Administrators were likely to go into mergers has started taking root as the boards of ARM Pension Managers Limited and First All
The National Pension Commission (Pencom) said at the weekend that, the total pension fund assets under the contributory pension scheme stood at N1.098 trillion as at December 31, 2008, out of which it exposed N430.98 billion or 39.22 per cent to the banki
If truly the objective of the Pension Reforming Act 2004 was to ensure that people, who retire either from the public or private sector employment receive their retirement benefits as and when due, then the decision by the National Pension Commission (Pen
The Federal Government on Monday began the payment of N17bn pension to workers and retirees of the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited.
Shareholders under the aegis of Independent Shareholders Association of Nigeria (ISAN) has said that the return of investorsÃƒÆ’Ã†â€™Ãƒâ€šÃ‚Â¢ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â€šÂ¬Ã…Â¡Ãƒâ€šÃ‚Â¬ÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â€šÂ¬Ã…Â¾Ãƒâ€šÃ‚Â¢ confidence in the National Pension Commi-ssion (
THE Enugu State chapter of the Civil Liberties Organisation (CLO) has said that the inherent injustices and contradictions were responsible for its opposition to the proposed contributory pension scheme bill between workers and government now before the S
Stanbic IBTC Pension Managers has commended PENCOM for the on-going reforms in rendering pension services to retiring Nigerians stating that this is a situation away from the initial difficulties experienced by retiring public and civil servants in access
About N850 billion Pension Funds is available for investment opportunities. S.A Oni Director Financial Institutions Department of the Central Bank of Nigeria (CBN) made this disclosure recently to Proshare N/I.
From the troubled SpringBank Plc came a tiding news for its pensioners as the three man Arbitial Tribunal chaired by Chief Anthony Idigbe (SAN) awarded a sum of N259,172,459 from them \"as their pension benefits.
Afrinvest West Africa, a member of the Nigerian Stock Exchange (NSE) has disclosed that the investment figure of the national contributory pension scheme since its inception in June 2004, stands at about N70 billion ($538 million).
Employers in the private sector now have up till next month to get their employees registered with Pension PFAs or be ready to face sanctions as provided in the Pension Reform Act, the National Pension Commission announced in Lagos yesterday.
Pensioners across the country who have completed the Federal Governments verification exercise should from today check with their banks for the payment of their arrears, according to the Finance Minister, Mrs Esther Nenadi Usman.
The search for a solution to pension administration problems in the country turned spiritual yesterday, in Akure, Ondo State; where no fewer than 4,000 pensioners, mostly grey-haired men and women, gathered at the Sacred Heart Cathedral to pray for help.