Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has warned members of the public against fraudulent individuals impersonating the Commissioner for Insurance, Mr Olusegun Ayo Omosehin, through fake social media accounts and messaging platforms. The Commission said the fraudsters
Bamidele Dave, Abuja. Pension fund operators have called for greater investment of Nigeria’s N31.8 trillion pension assets in productive sectors of the economy to support infrastructure development, housing, energy and other critical areas. They said the pension industry could
Bamidele Dave, Abuja. President Bola Tinubu has inaugurated two pension security initiatives aimed at improving retirement benefits and expanding access to healthcare for vulnerable pensioners across the country. The initiatives, the Minimum Pension Guarantee Scheme and PenCare, were unveiled
Barbara Bako, Abuja. The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says the commissioning of three gas infrastructure facilities in Kano State will improve access to affordable fuel, reduce transportation costs and strengthen natural gas utilisation across Northern Nigeria.
Barbara Bako, Abuja. At least 19 Nigerian pension funds have indicated interest in a proposed $750 million infrastructure investment fund aimed at addressing financing gaps in critical sectors of the economy. The proposed fund is being developed by
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) is introducing a digital platform for collecting fiscal data from the 36 states, the Federal Capital Territory (FCT) and 774 local government areas to strengthen economic planning and policymaking.
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has warned insurance companies against complacency following the conclusion of the industry’s recapitalisation exercise, urging boards and management to strengthen corporate governance, risk management and capital deployment to ensure long-term
Barbara Bako, Abuja Nigerian credit rating agency, DataPro Limited, has secured regulatory approval to provide credit rating services in The Gambia, marking an expansion of Nigeria’s financial services expertise into another West African market. The approval by the
Bamidele Dave, Abuja The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦13.87 billion in pension increment arrears to 18,822 retirees under the Defined Benefit Scheme (DBS), covering outstanding payments arising from approved pension increases for former Power Holding
Bamidele Dave, Abuja The Office of the Accountant-General of the Federation (OAGF) has introduced stricter validation measures for enrolling newly recruited employees into the Federal Government payroll to strengthen accountability and curb irregularities in personnel records. The new
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