Business

PenCom Grants PFAs Special Waiver To Invest Pension Funds In Dangote Refinery IPO

PenCom approved a one-off waiver allowing pension funds participate in Dangote Refinery’s anticipated IPO despite regulatory restrictions. The National Pension Commission (NAICOM) has granted Pension Fund Administrators (PFAs) a one-off regulatory forbearance to enable investment of pension assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery &...
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NAICOM Cracks Down On Fake Insurers, Arrests Suspects In Nationwide Enforcement Drive

NAICOM arrested suspected fake insurance operators in Abuja, warning offenders face prosecution under Nigeria’s new insurance reform law. The National Insurance Commission (NAICOM), on Thursday intensified its crackdown on fake insurance operators across the country, arresting scores of suspects in Abuja. The enforcement, in collaboration with police officers from the...
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