Thursday, 19th May 2022
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PRA

29 Apr 2019
The Federal Government is yet to commence the implementation of the revised 18 per cent minimum pension contributions for its employees as stipulated under Section 4 of the Pension Reform Act (PRA) 2014.   Recall that the PRA 2014 stipulates that the “contribution for any employee to which this Act applies shall be made in…
19 Feb 2019
In compliance to the Pension Reform Act (PRA) 2014, the National Pension Commission (PenCom), has given employers of labour up till March 31st, to comply with the guidelines for life insurance policy for employees, and the submission of insurance certificates. PenCom said the decision was taken in pursuance of provisions of Section 4(5) of PRA…
28 Jan 2019
Annuity provided the largest chunk of premium income, amounting to N77.77 billion, representing 48 per cent of total earnings to Life Insurance companies in 2017.   Data obtained from the Nigerian Insurers Association (NIA) revealed that Life Insurers earned N44.58 billion, 28 per cent from group life policy and N39.27 billion from individual life business.…

Latest

14 mins ago
Everton secured their Premier League status thanks to a thrilling second half comeback from 2-0 down to beat Crystal Palace 3-2 in front of a cacophonous Goodison Park crowd.
40 mins ago
Rory McIlroy fired his best opening round at a major in 11 years on Thursday to seize the lead at the PGA Championship while Tiger Woods struggled in his second comeback event after severe leg injuries.
1 hour ago
Gov. Kayode of Ekiti has assured that the on-going projects embarked upon by his administration will be handed over before the expiration of his tenure in October.
3 hours ago
DUBAI, United Arab Emirates, 19 May 2022 -/African Media Agency(AMA)/- Bybit, a cryptocurrency with the second largest BTC Futures exchange by open interest, launched its new Liquidity Mining on May 19, 2022.Bybit users will have access to three liquidity pools: Bitcoin (BTC), Ether (ETH), and BitDAO (BIT), all paired with Tether (USDT). The pools will allow…
3 hours ago
Fenty beauty mogul Rihanna has welcomed a baby boy with her partner A$AP Rocky. TMZ reports that the couple's first child together was born on May 13 in Los Angeles. However, the baby's name is yet to be confirmed. The new parents were last spotted dining out together for the first time since Rocky's arrest…