NICO Pensions declares 14% bonus

NICO Pensions declares 14% bonus

NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly...
NICO supports PUSSAM training

NICO supports PUSSAM training

NICO Group has donated K1,980,000.00 to Public Universities Staff Sports Association of Malawi (PUSSAM). The funds will go towards the association’s training sessions for its executive members. As a leading financial institution in Malawi, NICO Group believes in...
‘INVESTORS FAIL TO ABSORB AVAILABLE PENSION FUNDS’

‘INVESTORS FAIL TO ABSORB AVAILABLE PENSION FUNDS’

NICO Pensions, one of the country’s pension funds managers, has said the country has limited investment portfolios which cannot accommodate pension funds which now stands at over K1 trillion. This was revealed during pension updates seminar in Blantyre organised by...
NICO CELEBRATES GOLDEN JUBILEE THROUGH GOLF

NICO CELEBRATES GOLDEN JUBILEE THROUGH GOLF

NICO Group held a golf tournament dubbed ‘The One Executive Golf  Challenge’ at Lilongwe Golf Club on Friday. The tournament, which attracted 36 prominent golfers in the country, was organized as part of Golden  Jubilee celebration activities. Vice President...
NICO SUPPORTS IPMM MEETING

NICO SUPPORTS IPMM MEETING

NICO Group has donated K5 million to the Institute of People Management Malawi (IPMM) to go towards its annual lake conference. The three-day conference started yesterday in Mangochi District. It brings together human resource managers from public and private...