Nigeria’s pension assets should have surpassed N37trn – Chidi Duru
It is impossible and I say it with every sense of responsibility, it is impossible for an individual be it Nze Chidi Duru or any other party not to have an investment in any PFA and yet the shares of a PFA are credited in his name. In the PRA that we innovated or for which I chaired in the House of Representative and which I also was a joint chair in the Hamonisation Committee of the House and the Senate, there were extant regulations that the National Pension Commission innovated, in sense that for every investment of a shareholder in the industry whether it is a PFA or a PFC, that investment is subject to verification by the National Pension Commission and all those investment including the investment that was done by the shareholders of FGP was verified by the National Pension Commission.
200 Nigerian insurance chieftains, 650 others at Uganda conference
THE 44th session African Insurance Organization (AIO) in Kampala, Uganda just ended recorded participation of about 200 insurance chief executive officers from Nigeria and 650 other participants from around the world.
Investors’ and exporters forex window sustaining rally in stocks – ASHON boss
The Nigerian stock market was adversely affected by economic situation of the country in the last two years; but in recent time, we have started seeing some improvement. The rally in stock market is majorly attributed to the monetary policy changes, such as the Investors & Exporters, I & E forex window which allow investors to bring in their money at a well known market determined price.
Ecobank commissions Advantage banking lounges
ECOBANK Nigeria has commissioned three additional banking lounges for her Advantage customers in Uyo, Port Harcourt and Abuja. The Advantage segment offers its customer dedicated banking services targeted at the upwardly mobile and generally, professionals in various fields.
Firm unveils multi-bank customer address verification software
AYISIRE Consulting Limited, an indigenous technology service provider, has launched a multi-bank Customer Address Verification, CAV, solution to help CAV vendors automate, simplify and reduce cost associated with customer address verification process.
Youths’ anger may consume us, Obasanjo warns
Former President, Chief Olusegun Obasanjo, has warned that the country might be consumed by anger of the youth as a result of their neglect, adding that the country will not be transformed if it continued to neglect its youths in the scheme of things.
