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Contributory pension fund hits N1.7 trillion, says official

    THURSDAY, 15 JULY 2010 FROM COLLINS OLAYINKA                  Contributions to the Nigerian contributory pension scheme has hits N1.7 trillion, the National Pension Commission (Pencom), has disclosed. The Head of Corporate, Strategies and Research of Pencom, Farouk Aminu, who revealed this yesterday, when a team of National Pensions Regulatory Authority […]

NCRIB vows to publish list of members withholding premium

  THURSDAY, 15 JULY 2010   The Nigerian Council of Registered Insurance Brokers (NCRIB) has vowed to publish the list of its members identified to be withholding premium collected from clients.   The President of council, Dr. Teslim Sanusi made the announcement at 2010 Industrial and General Insurance Plc (IGI) […]

SEC suspends 34 stockbrokers for alleged default in reporting requirements

  THURSDAY, 15 JULY 2010 BY MOSES EBOSELE       The Securities and Exchange Commission (SEC) has suspended the operating licences of 34 stockbrokers for allegedly defaulting in the commission’s statutory reporting requirements.Director-General of SEC, Arunma Oteh, explained yesterday that the suspension would not be lifted until the affected stockbrokers […]