Nigeria’s pension assets increased by N289.4 billion in August 2026, reaching N31.80 trillion as the industry continued its recovery after a decline recorded in June. Data from the National Pension …
Category:
Pension
Pension Funds Commit ₦241bn to Nigeria Infrastructure Fund Nigeria’s pension industry has committed ₦241 billion to an infrastructure development fund as part of efforts to channel long-term pension capital into …
- EconomyFinance & ServicesNigeriaPensionPublic PolicyRegulation
PenCom Extends Pension Industry Recapitalisation Deadline to June 2027
The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …
- Financial RegulationGovernment PolicyLabour & EmploymentPensionPublic Finance
PenCom Recovers N4.04bn Unremitted Pensions in 11 Months
The National Pension Commission has recovered over N4.04 billion in unremitted pension contributions between January and November 2025, marking a major increase of more than 180 per cent compared with …
- Corporate NewsEconomyFinance & ServicesPensionSocial Development
FCMB Pensions Disburses Over N200bn to Retirees, Marks 20 Years with Inclusion Drive in Abuja
The Managing Director and Chief Executive Officer of FCMB Pensions Limited, Mr Christopher Bajowa, has disclosed that the company has paid out more than N200 billion in pension benefits to …
- FinanceGOVERNMENTLabourNigeriaPensionPublic Policy
PTAD Says It Has Paid Over N1tn in Pensions to Federal Retirees Since 2015
The Pension Transitional Arrangement Directorate has disclosed that it has paid more than N1tn in monthly pensions to Federal Government retirees under the Defined Benefit Scheme since it took over …
- BusinessEconomyFinanceLabourPensionPublic Policy
Nigeria’s Pension Scheme Records Growth as RSA Holders Hit 10.9 Million, but Coverage Still Low
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …
- BusinessCorporate AffairsFinanceINVESTMENTPensionRegulation
PenCom Approves Leadway’s Full Acquisition of PAL Pensions
The National Pension Commission (PenCom) has given regulatory approval for Leadway Holdings Limited to acquire Pensions Alliance Limited (PAL Pensions), marking a major shift in Nigeria’s pension industry. The approval …
- EconomyFinanceGOVERNMENTInfrastructureNigeriaPensionPublic PolicyState News
States Owe Contractors, Retirees N1.06tn Despite Record Revenues — BudgIT
A new report by BudgIT has revealed that states across Nigeria owe contractors and retirees a combined N1.06tn, even though they received record-high revenue allocations in 2024. The figures, contained …
- EconomyGovernanceLabourNigeriaPensionSocial Welfare
NITEL–MTEL PENSIONERS PROTEST 35 MONTHS UNPAID BENEFITS
Pensioners of the defunct Nigerian Telecommunications Limited and its mobile subsidiary, MTEL, staged a peaceful protest on Tuesday at the Federal Ministry of Finance in Abuja, demanding the payment of …
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