April 2023

BoI Group assets hit N2.38trn

By David Awoyemi The Bank of Industry Group (BoI) has said it’s total asset rose by 39.2 per cent to N2.38tn as of the end of 2022 financial period. The statement reads in part,  that the growth was achieved following…

Workers transferred N663bn to other PFAs — PenCom 

No fewer than 168,768 workers have changed their Pension Fund Administrators and moved N663.761billion Retirement Savings Accounts since the National Pension Commission opened the window of transfer. The window of transfer allowed workers to move their savings from a PFA…