Author Archives: Supernews - Page 919
Pension Funds investment: PenOp calls for review of extant laws
The Pension Finds Operators Association of Nigeria (PenOp) has called for considerate review of extant laws that will allow prudent investment in some critical areas such as infrastructure. Presenting a…
Pension Funds: We can’t invest in speculative areas – PFAs
The chairman, Pension Funds Operators Association of Nigeria (PenOp) Mr. Eguarekhide Longe has disclosed that giving the speculative nature of Agriculture production in the country, pension funds would not be…
Premium Pension Rewards Winner
Premium Pension Limited has given out four categories of prizes to winners in the competition embedded in the recently concluded first phase of its social media campaign. Anchored by Alder…
Pension Funds not lying idle – PenCom DG
The accumulated pension fund assets which presently stand at trillion are not lying idle in any bank account as alleged by those who do not understand the working of the…
Pension Funds: Not for Charity – Minister for power
The accumulated Pension funds which hovers over N5 trillion will never be used for free if invested in infrastructure. This warning was sounded by the  Minister  for Power, Works & Housing,…
PenOp Charges investors on beneficial ventures
Potential investors in the pension industry have been urged to initiate ventures that would be beneficial to all stakeholders which include the retirees, operators and the investors. Speaking in Lagos…
CBN cautions banks customers on illicit transactions
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks not to allow illicit transactions that would be inimical to the current transparent nature of the Banking System in…
CBN Gov Donates 400 Bags of Rice to IDPs in Borno
The Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, has joined other philanthropies in the country by donating 400 bags of locally produced rice and some relief materials to the internally displaced persons,…
Financial Reporting Council (FRC) CEO bags ADM award
The executive secretary/CEO of the Financial Reporting Council of Nigeria (FRC), Mr. Jim Obazee, has emerged African Best Rated Leadership Personality of the Year in the public sector category. In…
CBN and the controversial bid to strengthen BDCs
The Central Bank of Nigeria (CBN), recently reviewed upwards the operating capital requirement for Bureau de Change (BDCs) in the country in a bid to achieve sanity and financial stability…