PENSION

Insurance companies in the country were able to pay about N11 billion to settle all outstanding claims in their books, owed consumers for over three years. The National Insurance Commission (NAICOM) had, in 2015, mandated insurers to settle all outstanding claims from their books or risk sanctions. The commissioner had,...

With the current economic downturn negatively affecting all sectors of the nation's economy, some experts are set to proffers solutions on how insurance companies across the country and African continent can survive the trying times. If the current trend remains, insurance industry may suffer significant drop in premium income this...

  By Saka Olalekan FMDQ OTC Securities Exchange has formalised its partnership with the National Pension Commission (PenCom)  through the co-signing of a Regulatory Supervision Collaboration Agreement at a brief ceremony at the commission’s office in Abuja, at the weekend. Speaking at the event, the Director-General of PenCom, Mrs. Chinelo...

By Saka Olalekan As the country battles financial deficit as a result of dwindling revenue source from oil, the Pension Fund Administrators (PFAs) across the country said they were ready to assist the Federal Government to finance its infrastructural projects through the N5.3 trillion pension assets, urging FG to develop...

  By Saka Olalekan Businesstoday, an online Nigerian business news website, is set to award outstanding insurance companies, Pension Fund Administrations (PFAs) and operators in the 2015 financial year. A statement from the company and made available to Business247 said the award, which is now in its third edition, seeks...