In the first part of this series, we discussed what has changed in the Nigerian pension industry since the Contributory Pension Scheme (CPS) was adopted in 2004. In this article, we will look at the major players in the Nigerian pension industry and what they do.
Pension and insurance professionals have demanded that micro pension and insurance plans be redesigned to include both Nano and Small and Medium Enterprises (SMEs).
Over 84,000 Nigerians have signed up for the Micro Pension Plan (MPP), according to information released by the National Pension Commission (PenCom), while reaffirming its continuous effort to drive awareness of the plan for the informal sector.
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