Ahead of a sweeping recapitalisation deadline that will reshape Nigeria’s pension industry, two of the country’s largest Pension Fund Administrators (PFAs), Premium Pension and Trustfund Pensions, have unveiled plans to merge, marking the first major consolidation move triggered by the new capital regime. The proposed merger, which is subject to regulatory approvals, signals the beginning of what industry operators expect will be a wave of mergers and acquisitions as pension firms race to meet the National Pension Commission’s (PenCom) enhan
Ahead of a sweeping recapitalisation deadline that will reshape Nigeria’s pension industry, two of the country’s largest Pension Fund Administrators (PFAs), Premium Pension and Trustfund Pensions, have unveiled plans to merge, marking the first major consolidation move triggered by the new capital regime. The proposed merger, which is subject to regulatory approvals, signals the beginning of what industry operators expect will be a wave of mergers and acquisitions as
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