Chairman of Pension Fund Operators Association of Nigeria, PenOp, Mr. Misbahu Yola has said that creation of the Pension Protection Fund, PPF and Minimum Pension Guarantee, MPG, is a welcome development for all stakeholders. Yola who spoke at a stakeholder conference on the Pension Reform Act 2014 in Abuja said that the creation of the PPF and MPG would give more security to low level contributors.

Nigerian insurers remain inadequately prepared to capitalise on the underwriting of emerging risks, such as the on-going campaign of terror by Boko Haram, A.M Best has said. The rating agency in its report titled, “Nigeria’s Insurance Sector Faces Economic Challenges, but New Government Improves Prospects,” said that the situation reflects the absence of data and other capabilities to support the understanding and quantification of potential loss exposures to the sudden and severe catastrophic nature of these events.

Bank of Industry (BOI) has released five digital applications that will enhance development of Small and Medium Enterprises (SMEs) across the nation. The five products include SME Mobile App, SME Accounting Application (SAAPP) Software, Online Loan Application Portal, Loan Application Tracking System, and SME Customer Portal.

The Tax Appeal Tribunal, sitting in Abuja, on Tuesday adjourned till July 13, and Aug. 3, respectively hearing in the N1.2 billion suit filed against Federal Inland Revenue Service(FIRS) by 44 companies. The suit was filed by Continental Re-Insurance and 43 others, seeking refund of N1.2 billion excess stamp duties from FIRS.

Tope Niyi is the Head of Marketing and Products Development of Nigeria’s online job portal, Careers24. In this exclusive interview with JONAH NWOKPOKU, he argues that most of the online jobs in Nigeria are from scammers looking to exploit desperate job seekers. He also spoke on Careers24’s growth, market strategies and how job seekers can successfully explore the online job market to boost chances of employment