Sigma Pensions
  10th March 2010



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From The Beginning ...
Sigma Pensions Limited was incorporated in August 2004, with the sole objective of undertaking the business of Pension Fund Administration in Nigeria according to the Pension Reform Act (PRA) 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 now raised to N1,250,000,000.00 of shares, with N895 million of the shares fully paid-up and ranking pari-passu. It is important to note that this issued share capital is 600% of the amount required by the Act, this because the shareholders of Sigma have ensured that there is more than adequate capital available to meet the company`s needs. The shares of the company are held by three corporate bodies, Casi Properties and Investment Limited and two foremost stockbroking firms, namely Messrs Sigma Securities Ltd., Heartbeat Investment Ltd. who have operated in the Nigerian capital and money markets for several years. Other investors include the following 23 distinguished Nigerian professionals;

  • Rasaki Oladejo
  • Prof Iya Abubakar, FAS
  • Cletus Imaseun
  • Prof Jibril Aminu, FAS
  • Umaru Hamidu Modibbo
  • Adebayo Salami
  • John Adidi, FCA
  • Muhammad Lawal Buba
  • Adamu Mu`azu Modibbo
  • Mohammed Gidado
  • Adamu Jalingo
  • Mrs. Titilayo T. Adebiyi
  • Ahmed Yusuf
  • Jika Njobdi
  • Suleiman Usman Hunkuyi
  • Abdulkareem S. Gurin
  • Munir U. Baba
  • Aisha Ibrahim
  • Yarima Ngarma
  • Barrister Amina Hamisu Abubakar
  • Murtala Aliyu
  • Dr. Abubakar Ali Gombe
  • Wasiu Yaro (Late)

Following the approval-in-principle granted to the company on the 8th of July, 2005 by the 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 7th of December, 2005.

Technical Partnership...

Our Mission and Vision Statements/Core Values...

Board of Directors...

 
(c) Sigma Pensions Limited 2006 - 2009