Category: Pension

AXA Mansard Investments Renews Commitment To Empower Women

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In celebration of Women’s Month, AXA Mansard Investments Limited, a leading asset management firm, expressed its commitment to continue empowering women financially in the country. The company said this at the third edition of its flagship webinar series, ‘Achieve Much More, held virtually. This special Women’s Day edition, themed: “Women’s Wealth: How to Start from Where You Are”, was designed to equip Nigerian women with practical knowledge and tools for achieving financial security regardless of their life stage or income level. The virtual session featured seasoned financial advisor and Chief…

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Access To Contracts: PenCom Pleads With Sanwo-Olu To Make PCC Mandatory

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The Director General, National Pension Commission (PenCom), Ms. Omolola Oloworaran, has proposed a partnership with Lagos State Government to make the Pension Clearance Certificate (PCC) a mandatory requirement for companies seeking Lagos State Government contracts and services, as practiced at the federal level. She made the request during a courtesy visit to Governor Sanwo-Olu at the Lagos State Government House where she presented the report of PenCom’s 2024 routine inspection of the Lagos State Pension Commission (LASPEC), and to thank the governor for confirming his participation as special guest at…

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AIO Strengthens Ties With Nigerian Insurers, Pledges Better Return For Members

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The African Insurers Organisation (AIO) has moved to strengthen collaboration with the Nigerian insurance market while pledging more value in return for insurance companies of its member countries.     The Secretary General of the AIO, Mr. Jean Baptiste, said this during an official visit to the Nigerian Insurance Market in company of the AIO’s Communication and Public Relations Officer, Mr Charles Moki, hosted by the Nigerian Insurers Association (NIA) in Lagos.     The visit of the AIO officials to Nigeria began with a meeting with the NIA Chairman,…

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Third Party Motor Insurance: Checkmating The Police Advantage

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  The issuance of a licence to the Nigeria Police Force to own and operate insurance business appears to have distabilised the conventional operators as the deed becomes a cutting edge for the law enforcement officers to corner a number of the policies to themselves through sheer intimidation, especially the most rewarding Third Party Motor Insurance cover, Sunday Ojeme reports   Over the last couple of years, the Nigerian insurance sector has struggled against so many odds. Fuelled by both internal and external misadventures, the sector has basically struggled endlessly…

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Adeyanju: How We Arrived At N200, 000 Minimum Wage For Our Workers

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The Peesident-General, Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju, in this interview with Sunday Ojeme, speaks on challenges in the shipping sector and steps taken to improve workers’ welfare. How has government policies been affecting the mariritme sector of recent? It’s affecting us severely. The vessel traffic has gone below the global standard. Vessels that used to come with 500 containers now come with just 100 containers and that has impact on the workers in such a company. The economic impact is coming to the workers because the…

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NLC Loses Track Of Ajaero’s Whereabouts after DSS Arrest

JUSTINA EMMANUEL OKPARA

…Holds Emergency Meeting   Officials and members of the Nigeria Labour Congress (NLC) are currently apprehensive over the whereabouts of their President, Joe Ajaero, after his arrest by the DSS earlier today. A statement issued by the Head of Information and Public Affairs, NLC, Comrade Benson Upiah, said the Congress was yet to ascertain his whereabouts or his state of health as all efforts made to get in touch with him have proved abortive. According to the statement, “this morning, the President of the Nigeria Labour Congress (NLC), Comrade Joe…

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Capital Formation: Coronation Registrars Charts Path To Sustainable Wealth

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  With most Nigerians finding it difficult to save for the future due to several factors, the management of Coronation Registrars has identified the role investment in securities could play in capital formation. In a webinar themed, “The Role of Capital Formation and Dividend in Building Sustainable Wealth,” organised by the firm, the President and Chairman of Council, Institute of Capital Market Registrars, Oluseyi Owoturo, gave a direction on building sustainable wealth. Speaking on the importance of reinvesting dividends, he said dividends could be a good source of capital formation…

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Ibile Launches Zakat, Sadaqah Foundation To Empower Muslims

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Dignitaries at the Ibile Muslim Community Zakat and Sadaqah Foundation public presentation on Saturday in Lagos.   The Ibile Muslim Community Zakat and Sadaqah Foundation was unveiled on Saturday to empower less privileged Muslims in Lagos and lift many others out of poverty. The foundation was launched at a public presentation sponsored by Lotus Bank in Lagos. According to the News Agency of Nigeria (NAN), the foundation is a new charitable organisation dedicated to promoting Zakat, Sadaqah, and Waqf to support those in need within the community. Zakat, the third…

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Access Holdings Announces Bolaji Agbede As Acting Group CEO

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The Board of Directors of Access Holdings Plc (‘the Company’) has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief Executive Officer, Dr. Herbert Wigwe, on February 9, 2024. The appointment is subject to the approval of the Central Bank of Nigeria. Until her recent appointment, Ms. Agbede was the company’s most senior founding Executive Director in charge of Business Support. She has nearly three decades of professional experience cutting across banking and…

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Nigerian Insurers Miss IFRS 17 Implementation Deadline

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Nigerian Insurers Miss IFRS 17 Implementation Deadline   Several insurance companies operating in Nigeria have missed the deadline set by the National Insurance Commission (NAICOM) for the full implementation of the new IFRS 17 accounting standard. Insurers were required to adopt the new accounting framework by 31 December 2023. According to industry professionals, the non-compliant companies could ask for an extension of the deadlines. No official statement has been made by NAICOM, which according to market expectations could either grant an extension of the deadlines or impose sanctions. Atlas Magazine…

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