pension
21 Dec 2021
Retirees of the Power Holding Company of Nigeria [PHCN], have protested non-payment of 33 percent increment in their pension. Their demands include a 42 percent shortfall payment for the past 21 years to the year 2000. Harmonisation of pre-2003 retirees; and monetisation of post-2004 retirees. The demands also include a 33 percent pension rates increment of July 2010, paid to all other Defined Benefit Scheme (DBS), pensioners to date.
13 Jan 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
11 Jan 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
10 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
27 Jul 2020
Here is why you should pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Tuesday.
9 Jul 2020
Here is why you should pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Friday.
28 Jun 2020
Monthly data from Nigeria’s pensions industry shows that the country’s total pension fund assets stood at 10.6 trillion naira as at April this year with Federal Government Securities weighing 66.25 per cent of the total pension fund assets. The data also showed that new retirement savings account grew 85 per cent less in April 2020 compared to the same period in 2019. Pabina Yinkere, Chief Investment Officer at Sigma Pensions joins CNBC Africa for more.
FG considers treating COVID-19 patients at home, Joe Biden denies sexual assault allegation and more
1 May 2020
Here is why you should pick a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Saturday.
12 Oct 2019
General Electric Co. is freezing pension benefits for about 20,000 U.S. employees in a move that could help trim $5 billion to $8 billion from the company’s pension shortfall. Bloomberg Opinion columnist Brooke Sutherland has the details on "Bloomberg Daybreak: Americas." Her opinions are her own.
10 Apr 2019
Nigeria launched the micro pension plan late last month as the government aims to extend pension services to the informal sector. Niyi Falade, CEO of Crusader Sterling Pensions joins CNBC Africa to discuss the prospect of Nigeria’s micro-pension scheme.
30 Jul 2018
Nigeria’s pension’s regulator PENCOM introduced the multi-fund structure in its new investment guideline earlier this month in a bid to align the age and risk profiles of pension contributors.
23 Sep 2017
Examining the challenges facing pension schemes.