pension

Governor Alex Otti of Abia State has signed into law, a bill scrapping the Thursday night payment of pensions to former Governors and their Deputies. The Governor’s assent to the bill known as the “Abia State Governors and Deputy…

All of us will get old one day.....in a few years to come it will be your turn! The current pension manipulations should be stopped by Nigerians now! I was very happy when the Senate recently made a move to amend the Pensions Act to…

The National Industrial Court sitting in Abuja, on Tuesday, fixed May 19 to deliver judgement on a suit that aggrieved retirees from the six geo-political zones of the country, filed against the Federal Government over alleged…

Stanbic IBTC Pension Managers Limited will be entertaining Nigerians in its exciting entertainment fiesta tagged; ‘Fuze Festival’. The Managing Director/CEO of the leading Pension Fund Administrator (PFA), Olumide Oyetan, at a press…

The National Pension Commission (PenCom) has approved 34 mortgage banks for full implementation of the acquisition of residential mortgages by Retirement Savings Account (RSA) holders.

Retirees across six geo-political zones of the country have gone to the National Industrial Court in Abuja challenging the federal government over alleged discrimination in the implementation of pension policy. The plaintiffs, in the…

Access Corporation has announced its acquisition of Sigma Pension Ltd. The acquisition was via the takeover of Active Golf Nigeria LTD, the owners of Sigma Pensions by First Guarantee Pension Limited (FGPL)  and First Ally…

Two years after the Federal Government launched the Micro Pension Plan for the informal sector, 62,463 artisans have opened Retirement Savings Accounts with Pension Fund Administrators. Statistics obtained on Monday from the National…

The National Pension Commission says 3.5 million pension accounts have remained unfunded as of the end of December 2020 This is contained in the 2020 fourth-quarter report released by the commission. An unfunded pension account will…

The Chairman of Nigeria Social Insurance Trust Fund (NSITF), Austin Enajemo-Isire, has called for a review of the laws guiding investment of insurance and pension funds in the country. Enajemo-Isire made the at the fifth annual…