PenCom to sanction PFAs as only 17% of RSA holders recaptured
By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]
NSE: Capital Oil, Union Dicon, 7 others to be delisted
THE council of the Nigerian Stock Exchange (NSE) has approved the regulatory delisting of nine moribund companies from the daily official list due to their persistent non compliance with post listing requirements.
NEPAD, FIIRO collaborate on CIS-trade framework
The New Partnership for Africa’s Development, NEPAD Youth Initiative is collaborating with the Federal Institute of Industrial Research Oshodi, FIIRO, to provide a strategic framework and guidelines for trade peace, unity and development.
Aiico pays claims in excess of N2.5bn
Management of Aiico Insurance plc said the company has paid claims in excess of N2.5 billion during the financial year 2011.
Africa Reinsurance gives shareholders 11months to subscribe to new shares
African Reinsurance Corporation (Africa Re) has given its existing shareholders up till next month to fully subscribe and pay for its new shares.
Shareholders blame low dividends on apathy towards insurance stocks
Investors in the capital market have adduced reasons for the apathy towards investing in insurance stocks, saying that low dividend paid by companies in the sector was a major set back.
