Business Pension funds Top Story

PenCom earns top ethical rating in 2023, marking vindication for Nigeria’s pension administration

The National Pension Commission (PenCom) has achieved a significant milestone, securing the top position in the 2023 Ethics and Integrity Compliance Scorecard (EICS) among 50 regulatory agencies in Nigeria. This accomplishment comes two years after the conviction of Abdulrasheed Maina, former chairman of the Pension Reform Task Team (PRTT), for money laundering and other offences Read More…

Crime Fraud Nigeria Top Story

Maina sentenced to a total of 61 years, to serve 8 years

Judge lambasts prosecution for not joining two banks – UBA and Fidelity – as accomplices Even though he has been sentenced to a total of 61 years on money laundering charges, former Nigerian Pensions boss, Abdulrasheed Maina will serve just eight years as all the convictions against him will run concurrently. Delivering judgment against the Read More…