Insurance & Pensions
Lagos insures 73,000 workers, pays N2bn premium
Lagos State Government has paid over N2bn as premium for life and non-life insurance this year for its 73,000 workforce....
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NSITF misappropriated N84bn in four years – Senate
The Nigeria Social Insurance Trust Fund has misappropriated about N84bn within four years, the Nigerian Senate has alleged. The Chairman,...
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Retired officers urge EFCC to probe military pension
Retired Nigerian military officers have accused the Military Pension Board of gross irregularity and misappropriation of funds due to ex-service...
Read morePTAD pays adjusted benefits to pensioners
The Pension Transitional Arrangement Directorate has commenced payment of the consequential adjustment to pensioners under the Defined Benefit Scheme. The...
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PenCom: Pension funds hit N12.34tn
The Contributory Pension Scheme rose by 0.75 per cent to N12.34tn in the month of March 2021, from N12.248tn in...
Read moreLagos warns retirees against pension fraudsters
Lagos State Government has sounded a note of warning to retirees in the state, urging them to be wary of...
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NAICOM plans compulsory insurance for public buildings
National Insurance Commission has resolved to make fire liability insurance compulsory for all public buildings in Nigeria due to rampant...
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GNI set to enhance service delivery
The Great Nigeria Insurance Plc is set for restructuring strategies, the Managing Director/ Chief Executive Officer, Mrs Cecilia Osipitan, has...
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Lawyers tag life pension for ex-governors, wives immoral, unlawful
At a time state governments in Nigeria could not pay workers’ salaries and provide basic infrastructure for development, the demand...
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N2.5bn missing fund allegation false – Military Pensions Board
The Military Pensions Board has dismissed allegation of a missing N2.5bn fund as reported by some online media, describing it...
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