Professional Service

FG Inaugurates PenCom Board as Pension Assets Cross ₦28tr

The Federal Government on Monday inaugurated the Governing Board of the National Pension Commission, directing members to uphold corporate governance and safeguard...

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NAICOM Tightens Insurers’ Recapitalisation Oversight

The National Insurance Commission has heightened its oversight of the ongoing industry recapitalisation, as it prepares to commence formal verification of the...

820

NAICOM, BPP Collaborate on Public Procurement Compliance

The National Insurance Commission has signed a Memorandum of Understanding with the Bureau of Public Procurement to strengthen the insurance industry, particularly...

749

NAICOM, NCGC Seal Pact to Unlock Credit Access for MSMEs, Consumers

The National Insurance Commission (NAICOM) and the National Credit Guaranty Company (NCGC) have moved to deepen their partnership to ease financing barriers...

751

Personal Pension Savings Stagnant, Records 92.4% Unfunded Accounts

Despite efforts by the National Pension Commission (PenCom) to encourage personal pension savings, total of 191,240 Personal Pension Plan (PPP), about 92.4...

941

NDIC Reaffirms Commitment to Prompt Payouts, Strengthens Claims Process

The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to ensuring prompt access to depositors’ funds in the event of a...

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Recapitalisation: NAICOM Warns Insurers on Disclosure, Capital Shortfalls

The National Insurance Commission has flagged weak financial disclosures, solvency gaps and deficiencies in recapitalisation planning by some insurance companies, warning that...