Business Journal, Author at Business Journal - Page 2 of 139

On July 1, 2014 the Pension Reform Act 2014 or “the Act” was enacted into law commencing from July 1, 2014. The Act, which repealed the Pension Reform Act No 2 of 2004, governs and regulates the administration of the Contributory Pension Scheme in Nigeria. The Act confers on workers certain legal rights, some of which will be discussed here. The Black’s law dictionary defines

Committed to ensuring that its customers get the best of attention and are able to resolve their complaints without going through many protocols, Linkage Assurance Plc has strengthened its Customer Service Centre. The service centre, which has been equipped with state-of-the-art technological infrastructure and more trained personnel will ensure that customers have unrestricted access to

Consolidated Hallmark Insurance (CHI) Plc has reported total assets of N10. 8 billion in the financial year ended December 31, 2018, representing an increase of 14 percent from N9.4 billion achieved in the same period of 2017. Mr. Obinna Ekezie, the Chairman of CHI Plc said at the 24th Annual General Meeting (AGM) of the

Chief executives of insurance companies and shareholder groups have condemned the National Insurance Commission (NAICOM) for increasing the capital base of life insurance companies to N8 billion; N10 billion for general insurers and N18 billion for composite firms. And for reinsurance firms, the new capital level is N20 billion. Two days ago, NAICOM announced the