THE SIGMA FAMILY
Sigma Pensions Limited (RC 606338) was incorporated in August 2004, with the sole objective of undertaking the business of Pension Fund Administration in Nigeria according to the Nigeria Pension Reform Act (PRA 2004) and is regulated by the National Pension Commission (PenCom).
The company had an initial authorized share capital of N300,000,000.00 ordinary shares of N1.00 each and has since been raised to N1,250,000,000.00 of shares, with N985 million of the shares fully paid-up and ranking pari-passu. It is important to note that this issued and fully paid-up share capital is 650% of the amount required by the Act, this is because the shareholders of Sigma have ensured that there is more than adequate capital available to meet the company’s needs.
Following the approval-in-principle granted to the company on the 8th of July, 2005 by PenCom and the fulfillment of all pre-licensing requirements, Sigma Pensions was granted full license to operate as a Pension Fund Administrator (PFA) on the 8th of December, 2005. The Sigma Family is currently above 690,000 registered members. Hence, we are readily committed to manage your pensions in the best possible way at all times.