Asia Accounts for 21% of Top 10 Sovereign Wealth Funds A new report has revealed that the ten largest Sovereign Wealth Funds manage assets valued at...
331,003 People Withdraws N116.87bn from Retirement Savings Accounts The rising unemployment rate has forced 331,003 former employees that lost their jobs –but unable to secure another...
AXA Mansard Divests Interest From AXA Mansard Pensions AXA Mansard Insurance on Friday announced it has divested from its subsidiary, AXA Mansard Pensions, after receiving Shareholder’s...
Pension Funds Administrators Invest N55.25bn The Pension Funds Administrators said a total sum of N55.25 billion has been invested under the Contributory Pension Scheme in infrastructure...
FCMB Group Plc through its subsidiary FCMB Pensions Limited is in talks to acquire a 70 percent stake held by AIICO Pension Managers and 26 percent...
Pension Assets Grow by Over N289bn to N10.5trn in Two Months Pension assets under the Contributory Pension Scheme grew to N10.5 trillion in February, according to...
Pension Fund Increases Investment in Infrastructure to N41bn The National Pension Commission (PenCom) has disclosed that Pension Fund Administrators (PFAs)’s total investments in infrastructure rose from...
Pension: PTAD Pays N842.8m Arrears to 11,331 Pensioners The Pension Transitional Arrangement Directorate (PTAD) said it paid a total sum of N842.8 million, one-month arrears, to...
109,248 Retired Workers Quit Contributory Pension Scheme Non-remittance of monthly deductions and lack of payment of salaries have forced 109,248 retired workers to quit the Contributory...
Contributory Pension Scheme: Pension Accounts Hit 8.9million The total number of Nigerian workers under the Contributory Pension Scheme (CPS) grew to 8.85 million, Mrs Aisha Dahir-Umar,...