savings

The Importance Of Savings

August 26, 2022 8:22 am

In a time like this when it seems like inflation is sweeping over the world, it might sound a little bit ridiculous to ask someone to save.

There isn’t enough to live by, so why should they even want to save? Beyond the beautiful intention that comes with the idea, it is also important for you to understand the advantages that comes with savings. Some of these advantages does a lot to your mind and your personality. It gives you some confidence and helps you develop some form of ‘peace’ when you know you have some backup in the advent …

Taj, Jaiz, NAHCON Explore Hajj Savings Scheme

November 25, 2019 9:19 am

Interest in the promotion of Hajj Savings Scheme in Nigeria has continued to gather pace as two Islamic non-interest banking institutions, Taj Bank and Jaiz Bank have met the National Hajj Commission of Nigeria (NAHCON) on its feasibility.

The Head, Public Affairs NAHCON, Fatima Sanda Usara, revealed that the Commission’s Chairman, Abdullahi Mukhtar Muhammad and officials from the two banks met recently on the subject.

Taj Bank delegation was led by its Managing Director, Norfedelizan AbdulRahman and Jaiz by its Managing Director, Hassan Usman.

AbdulRahman, lauded the hajj savings scheme initiative while assuring of Taj Bank’s readiness to deploy in …

Trustfund Pensions Canvasses Savings Culture Among Youths

November 3, 2019 3:15 pm

A leading Pension Fund Administrator (PFA), Trustfund Pensions Limited, has expressed the need to inculcate savings culture among the youths, saying that the earlier they are being taught the enormous advantages, the better they appreciate its essence and adopt it as a lifestyle.

The PFA’s Managing Director/Chief Executive Officer, Mrs. Helen Da-Souza, who spoke in Abuja, weekend at the 2019 prize-giving ceremony of Trustfund Pensions essay competition for Senior Secondary School Students in the Federal Capital Territory (FCT), Abuja, said her organisation believed that there is no age restriction to savings.

“It is our belief that there is no age …