Archives for PENSIONS - Page 2
NSITF Pensioners Get 1,173% Increase After 21 Years … PenCom
BY NGOZI ONYEAKUSI The Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has disclosed that pensions of 2,116 retirees of Nigerian Social Insurance Trust Fund (NSITF) were increased…
Pension Assets Surge N1.1tri In Two Months To N31.8tri
BY NGOZI ONYEAKUSI Nigeria’s pension industry recorded a strong recovery between May and August 2026, with total pension fund assets rising by about N480 billion to trillion, according to the…
PenCom Moves Online Verification Deadline to December
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) has extended the deadline for the ongoing mandatory One-Time Online Verification and Enrolment Exercise for employees of treasury-funded Ministries, Departments…
28 Stakeholders Partner NAIPE On Annual Conference, As Timing Shifts To 12 Noon Thursday
BY NGOZI ONYEAKUSI No ferwer than 28 insurance and pension regulators and operators have thrown their weight behind the upcoming 11th edition of the Nigerian Association of Insurance and Pension…
PenCom Hails Pension Reform as Landmark Transformation of Financial Sector
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) has described Nigeria’s 2004 pension reform as one of the most significant and enduring transformations in the country’s financial sector,…
FG Pays ₦1.1bn Exit Benefits to 175 Retiring Civil Servants
BY NGOZI ONYEAKUSI Tinubu The Federal Government has commenced the payment of Additional Exit Benefits to retiring civil servants in Treasury-funded Ministries, Departments and Agencies (MDAs), with about ₦ billion…
PenCom Addresses Concerns Over Pension Increases for Lagos State Retirees
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) it acknowledged the concerns expressed by pensioners under the Contributory Pension Scheme in Lagos State regarding the implementation of pension increases and…
Pension inflows surge 42% despite idle accounts
Quarterly contributions into the Personal Pension Plan rose per cent to in the first quarter of 2026, up from recorded in the fourth quarter of 2025, The PUNCH has learned.…
PenCom explains 38% decline in pension contributions
The National Pension Commission (PenCom) has allayed concerns over the reported per cent decline in pension contributions in the first quarter of 2026, explaining that the drop was largely caused…
Leadway Pensure Advocates Early Retirement Planning for Nigerians
BY NGOZI ONYEAKUSI Experts, at an annual training organised by Leadway Group for Insurance and Pension Journalists, charged Nigerians on early retirement planning to have a secured future. Speaking on…
