Archives for PENSIONS - Page 4
“I’m Pleasantly Surprised at the Growth of the Contributory Pension Scheme”. – Obasanjo
By Ngozi Onyeakusi---Nigeria’s former President Olusegun Obasanjo stated that he was pleasantly surprised at the growth of the pension assets over the last 20 years. He mentioned that when his…
Pension fund assets grow by 6.4% to record N19.53trn
Pension Fund Illustration By Ngozi Onyeakusi---total pension fund assets increased by per cent or trillion in January 2024 to trillion. This is against trillion recorded in December 2023. According to…
PenCom Denies Lending FG N10tn
PenCom DG, Aisha Dahir-Umar By Ngozi Onyeakusi---The Director General of the National Pension Commission, Aisha Dahir-Umar, has denied allegations that the commission loaned N10tn to the Federal Government. The House…
LIRS Reminds Taxpayers of March 31 Deadline for Annual Tax Return
By Ngozi Onyeakusi---In compliance with the stipulations outlined in the Personal Income Tax Amendment Act (PITA) Cap P8 2011, the Lagos State Internal Revenue Service (LIRS), has issued a…
PenCom Imposes N12.52bn Fines on Defaulters, Recovers N12.93bn
PenCom logo By Ngozi Onyeakusi---The National PenCom Commission (PenCom) has said a total sum of billion unremitted contributions was recovered from defaulting employers between 2012 and 2023. The Head…
LIRS Extends Deadline For Filing Of Annual Tax Returns To February
By Ngozi Onyeakusi---In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers' annual tax returns…
N2.7tri Paid To 1.27m Retirees, As Pension Fund Assets Record N17.64tn
By Ngozi Onyeakusi: The National Pension Commission PenCom has disclosed that a total of million retirees have benefited from of the Contributory Pension Scheme (CPS), getting trillion pension benefits since…
Making Insurance, Pension Customer-Centric Will Speedy Penetration In Nigeria — Stakeholders
L-R: Deputy President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs Ekeoma Ezeibe; President, Association Of Registered Insurance Agents of Nigeria (ARIAN), Mr. Kazeem Odewunmi and Susie Onwuka of .Federal…
FG pays pensioners N1bn accrued rights – PTAD
PTAD logo The Federal Government says it has finalised payment of to 7, 091 pensioners of the Power and Transport Sectors of the Parastatals Pension Department. The Head, Corporate communications…
LIRS SHUTS DOWN 34 COMPANIES OVER TAX DEBTS
By Ngozi Onyeakusi---The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations for failing to remit Personal Income Taxes of their employees and for non-remittance of Consumption…