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Month: June 2021

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  • Pension Fund Administrators’ Scorecard In May 2021

Pension Fund Administrators’ Scorecard In May 2021

In the month of May 2021, the net asset value of the Pension Fund Administrators (PFAs) showed positive growth when compared to their performance in the month of April 2021.…

Lagos Assembly set to finally repeal Pension Law for Ex-Governors

Participants in a one-day public hearing held by the Lagos State House of Assembly on Friday approved the move to repeal the law governing the distribution of pensions and other…

Workers in the Pension, Insurance and Banking industry to declare assets – New Bill

The House of Representatives has approved a bill for second reading that would require employees in the banking, insurance, and pension industries to declare their assets.

Federal Government begins payment of new pension to retirees

The Federal Government has begun paying the consequential adjustment to pensioners under the Defined Benefit Scheme, DBS, through the Pension Transitional Arrangement Directorate, PTAD.

Pension Funds in Nigeria invest 85.07 billion Naira in FGN Ijarah Sukuk

Mr. Eguarekhide Longe, Managing Director of AIICO Pension Managers Limited, made this point while speaking on the State of Islamic Finance in Nigeria. He stated that the investment regulation came…

Lagos State Assembly is set to amend the State’s Pension Reform Law of 2018

Lagos Retirees to get Letter of Confirmation of Exit 21 days before retirement from service

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