The Pension Industry as a Catalyst for Economic Growth

The Pension Reform Act 2004 was one of the most important legislations of the last two decades. It completely transformed, the then, stagnant pension industry that catered for only a minority of employees into a vibrant and growing industry for all Nigerians. From modest beginnings in 2005, the industry has grown to be an important…

To buy or rent? The key issues

To buy or rent a home is one of those timeless debates. There are two main considerations in making a decision: the financial aspect and personal and emotional factors. In Nigeria though, there is a strong desire by most families to own their homes. This article will consider the financial factors only. Assess your finances…

4 Reasons why you should make additional Voluntary Pension Contributions

One of the significant achievements of former President Obasanjo was the Pension Reform Act of 2004. It completely transformed the pension industry from one that was comatose with insignificant assets to a vibrant and growing one with N6 trillion in funds under management at the end of September 2016. Thanks to the reform, over 7.3…