Posts Tagged “investment”

‘Contributory Pension Scheme Still Battling with Acceptability Problem’

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‘Contributory Pension Scheme Still Battling with Acceptability Problem’

The Contributory Pension Scheme (CPS), after 12 years of experimentation in Nigeria, is still battling with triple problems of acceptability, transition and how to harness the opportunities in the informal sector and the economy in general. Pension industry expert and Managing Director IEI- Anchor Pension Managers Limited, Glory Etaduovie, who made this remark at the…

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High Cost of Aircraft Insurance, Maintenance Threaten Domestic Airlines

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High Cost of Aircraft Insurance, Maintenance Threaten Domestic Airlines

  Chairman of Air Peace Limited, Mr. Allen Onyema has warned that unless urgent action was taken to review downwards, the cost of aircraft insurance in Nigeria and the establishment of Maintenance, Overhaul and Repair (MRO) facility locally, domestic airlines would find it extremely difficult to continue to operate. Onyema said besides the cost of…

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AIICO to Drive Pension Scheme With Brand Ambassador

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As part of efforts to promote its brand and sensitise the public to pension scheme, AIICO Pension Managers Limited has signed an actress, Joke Silva, as its brand ambassador. According to a statement obtained from the firm on Wednesday, the Head of Strategic Planning and Corporate Communications, Mr. Tunde Ottun, said the firm’s decision to…

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NEM Insurance Records N10.9b Premium

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NEM Insurance Records N10.9b Premium

Notwithstanding the state of the country’s economy in the reporting period, NEM Insurance Plc has recorded good performance with gross premium increase of 10.8 per cent over the previous period; that is, N10.9 billion in 2015 while that of 2014 was N9.8 billion. The parent company achieved an increase of 9.5 per cent over the…

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