SERVICOM to boost administration of pension in Nigeria – Finance Minister
Spread the loveMrs. Zainab Ahmed, Minister of Finance, Budget, and National Planning, has stated that implementing the SERVICOM Charter will result in better and more efficient pension administration in the…
Analysts predict lower demand for equities in H2 2021 by PFAs as appetite for fixed income securities rise
Spread the loveOn the back of a sustained crude oil rally, investment sentiment appears to be boosted through the first half of 2021. This year, the price of oil has…
Pension Industry to benefit from Non-Interest Capital Market – DG SEC
Mr. Lamido Yuguda, the Securities Exchange Commission's (SEC) Director General has revealed that the pension industry will soon make significant investments in the non-interest (Islamic) capital market (NICM).
Employers’ liabilities deplete N2.6 trillion from pension fund assets
Massive pension liabilities incurred by some state governments, as well as the failure of some private sector employers to remit pension contributions made by their employees, have slowed the growth…
We have paid over N35bn in pensions and gratuities since 2018 – Gov Oyetola
Adegboyega Oyetola, Governor of Osun State, announced yesterday that his administration has spent approximately N35 billion on the payment of pensions and gratuities to retired workers in the state since…
FG flouting pension law by not remitting new minimum contribution rate
Seven years after the Federal Government amended the Pension Reform Act (PRA) which requires employers to remit 18% of workers' monthly earnings into RSAs of their workers, the government has…
