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All posts tagged "Pension funds"

  • Osun state issues islamic bond to investors

    Osun State has taken a major step towards developing an Islamic finance industry in Nigeria by offering the country’s first Islamic bond to investors. The issue makes Nigeria the first big economy in sub-Saharan Africa to market...

    • Posted September 24, 2013
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  • PFAs invest N525.5bn in shares

    About N525.5bn of the total pension assets has so far been invested in the stock market, investigation has revealed. According to figures made available to our correspondent on Friday by the National Pension Commission, the amount is...

    • Posted September 8, 2013
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  • PFAs to invest N3.4tn in infrastructure

    Pension Fund Administrators will invest part of the growing pension funds in infrastructure after the Pension Reform Act 2004 must have been replaced with a new act. This was contained in a memorandum submitted by the National...

    • Posted July 8, 2013
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  • Police pensioners task Okiro on pension funds

    RETIRED police officers in the country have commended the appointment of former Inspector General of Police, Mr. Mike Okiro, as the new chairman of Police Service Commission and charged him to prevail on the National Assembly to...

    • Posted June 17, 2013
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  • Pension Funds to hit N3 trillion by Year End

      Pension funds assets in the country are expected to hit N3 trillion by the end of the year. The funds currently stand at N2.94 trillion under the contributory pension scheme. Director-General of the National Pension Commission, Muhammad...

    • Posted October 18, 2012
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