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PFAs

Investors turn to equities market, FX amid OMO restriction – Analysts

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Following the restriction on individuals from trading in the Open Market Operations (OMO), local investors now invest their funds in equities market of the Nigerian Stock Exchange (NSE) and foreign exchange market, analysts at EFG Hermes have said. They expressed in a report that local non-banks like Pension Fund Administrators (PFAs), individuals, companies, Non-Bank Financial […]

Pension: Lagos HoS Warns Retirees against Profligacy

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The Head of Service, Lagos State, Folashade Sherifat Jaji, has warned retirees, especially in the State to desist from extravagant lifestyle, in a bid to use their retirement benefits judiciously. Sherifat, who stated this in Lagos, said some  retirees were fond of spending their retirement benefits on unnecessary things, such as lavishing money on burial […]