Insurance & Pensions
PTAD 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...
Read morePensioners’ arrears, unresolved issues will end June – PTAD
The Executive Secretary of the Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme, has pledged to resolve all issues relating to...
Read moreShareholders of 20 insurance firms endorse recapitalisation
Shareholders of 20 insurance companies have approved the recapitalisation plans of their firms. The fund to be raised varies from...
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AIICO to boost assets with proceeds from right issue
AIICO Insurance Plc says it will invest the proceeds of its on-going right issue on its property, plant, equipment and...
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