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Nume Ekeghe and James Emejo in Abuja
Sigma Pensions has become the first Pension Fund Administrator (PFA) to launch the Non-interest Retirement Savings Account (RSA) Fund VI, in a bid to provide retirement savings that aligns moral beliefs and values skewed towards ethical investing.
This fund whose nod was given by the National Pension Commission (PenCom) last month, would see Sigma Pensions position itself as a trailblazer of the non-interest RSA fund also known as Fund VI.
Speaking at the launch yesterday, the Chairman, Board of Directors, Sigma Pensions Limited, Mr. Mark Collier, noted that the fund would drive greater financial inclusion among an underserved segments of the Nigerian population as well as deepen financial inclusion and pension enrolment.
Speaking at the launch Thursday, the Chairman, Board of Directors, Sigma Pensions Limited, Mr Mark Collier noted that this fund would drive greater financial inclusion among an underserved segment of the Nigerian population as well as deepen financial inclusion and deepen pension enrolment.
The fund, which was given the nod by the National Pension Commission (PenCom) penultimate week would see Sigma Pensions position itself as a trailblazer of the non-interest RSA fund also known as Fund VI.
“Having a vibrant non-interest pension offering will help deepen the breadth and sophistication of the domestic pension and non-pension fund management industry.”
The Managing Director, Sigma Pensions, Mr Dave Uduanu, said: “This product is particularly unique because for the first time ever in our market, it allows pension account holders to be able to have pension solutions that aligns with their beliefs and values.”
TODAY
January 11, 2021
Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business.
Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles.
Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged.
In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money.
Supreme Council for Islamic Affairs appoints new Deputy President-General South Supreme Council for Islamic Affairs appoints new Deputy President-General South
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The Nigerian Supreme Council for Islamic Affairs (NSCIA) under the leadership of its President-General and Sultan of Sokoto, Alh. Muhammad Sa’ad Abubakar has announced the appointment of a new Deputy President-General (South) for the council.
This was contained in a statement issued by the Deputy Secretary-General, Professor Salisu Shehu on Thursday.
According to the statement, the new Deputy President-General is Alh. Rasaki Oladejo who steps in to fill the vacancy created in the leadership of the council by the death of Alh. S. O. Babalola, who was until October 2, 2019, the Deputy President-General (South) of the Council.