Author Archives: penop_usr

  • The implication of the framework on Co-investments for PFAs and Private Equity Fund Managers

    PEVCA and PenOp workshop on the Implication of Co-investment

    The partnership event was held to discuss the implications of the co-investment framework for PFAs and Private Equity Fund Managers with the purpose of breaking down the new PENCOM guideline, showcase live co-investment transaction process, and address the legal implications and potential bottlenecks that may arise with the aim of driving increased participation of pension …

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  • Nigeria is struggling to get informal workers to save – The Economist

    [From The Economist] Between a slumping economy and gnawing inflation, Nigerians are finding life tough. Temilola Balogun, who owns a clothing shop in Lagos, the commercial capital, sighs that it is hard to save anything. This is typical: most adults in Africa’s most populous country do not pay into a pension. Few will be able …

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  • Nigeria’s Pension Industry Provides a Forum for Constructive Engagement between the Pension Operators and Federal Lawmakers

    The licensed pension fund operators under the auspices of the Pension Fund Operators Association of Nigeria (PenOp) on Saturday 10th July, held their 3rd annual retreat for National Assembly members and key stakeholders in the pensions industry. The theme of this year’s event was: 17 Years of Pension Reforms: Challenges, gains & Opportunities. The theme …

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  • PENOP Partners with AVCA on Development of private equity n Nigeria

    Pension Fund Operators Association of Nigeria (PenOp) has partnered with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset class in Nigeria. Domestic capital plays a vital role in accelerating economic growth in Nigeria and across the continent in general. Over the past …

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  • The Impact of Covid-19 on Pensions

    Click to watch the full video on The Impact of COVID-19 on Pensions by Oguche Agudah,  CEO PenOp.

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  • LeadWay Pensure: Best Customer Service Pension Firm in Nigeria – 2019

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  • Contributory Pension Scheme And Nigeria’s Economic Development

    A key to any country’s development, lies in its capital formation (domestic or imported), with savings being a pillar of domestic capital formation. Keynesian economics, defined savings as the amount left over when cost of a person’s consumer expenditure is subtracted from the amount of disposable income that he or she earns in a given …

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  • Fidelity Pension Managers Ltd Wins Award

    Fidelity Pension Managers Ltd has emerged the winner of the Award of Excellence in Pension Administration in the State of Osun. The award which was received during the recently concluded 2018 National Productivity Day and State of Osun Merit Awards was presented by Dr. Festus Oyebade Olowogboyega, Head of the State Civil Service Commission. According …

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  • Premium Pension blazes pension industry trail in ISO certification

    Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in the country, has become the first company in the pension industry to get ISO Certification. ISO is a collection of quality management systems standards designed to help organizations ensure that they meet the needs of customers and other stakeholders while meeting statutory and …

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  • Breaking: Jonathan Signs Pension Reform Bill

    President Goodluck Jonathan has signed the Pension Reform Bill 2014 into law. Presidential spokesman, Reuben Abati, disclosed this in his tweeter handle today. The Senate had on April 8 unanimously passed the Pension Reform Bill which prescribed severe penalties including a 10-year jail term for defaulters The Act also imposes a fine of N10 million …

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