20 PFAs meet N5bn PenCom recapitalisation deadline

20 PFAs meet N5bn PenCom recapitalisation deadline

By Victor Ahiuma-Young The National Pension Commission, PenCom, has announced that 20 Pension Fund Administrators, PFAs, have met its N5 billion minimum recapitalisation deadline from N1billion. The Commission has also announced the approval of the acquisition of AIICO Pension Managers Limited by FCMB Pensions Limited. It equally approved the merger between Tangerine Pensions Limited and […]
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Eid-el-fitr: Senator Abiru sues for tolerance, peace

Eid-el-fitr: Senator Abiru sues for tolerance, peace

 By Olasunkanmi Akoni Senator representing Lagos West ,Tokunbo  Abiru has called on Nigerians to come together in unity to strengthen national cohesion, tolerance and peace. Abiru made the remark in his Eid-el-fitr messages to congratulate Muslim faithful in Nigeria for successfully concluding the Ramadan fasting. He urged all Muslims who eschewed vices and imbibed godly […]

Biography and Lifestyle of Femi Aguda, a Chicago real estate investor

Biography and Lifestyle of Femi Aguda, a Chicago real estate investor

High-flying Chicago real estate investor, Aguda Olufemi Michael is not one to hide his Nigerian roots, hence, he avails himself of every opportunity to clarify his background as he did in a recent media interview. “I grew up in Lagos, the second child of a family of five kids. It is in that city I […]

Good news for pensioners under contributory pension scheme

Good news for pensioners under contributory pension scheme

By Victor Ahiuma-Young THE National Pension Commission, PenCom, has announced and issued for immediate implementation, a revised regulation on retirement and terminal benefits for workers under the Contributory Pension Scheme, CPS. In the first comprehensive review of the regulation since its initial issuance in 2007, the commission in a statement informed that revised regulation simplifies […]