Lagos pensioners give Sanwo-Olu August 31 deadline over unpaid arrears
Lagos State Government is facing a looming confrontation with retirees under the Contributory Pension Scheme as pensioners have issued Governor Babajide Sanwo-Olu…
pension
Pension contributions rose to 11.18 million in Q1
Federal Government’s National Pension Commission, PenCom, has said cumulative Retirement Savings Account registrations under the Contributory Pension Scheme rose to 11,183,475 in…
Why Q1 2026 pension contributions dropped by 38% — PenCom
The National Pension Commission has clarified that the 38 per cent decline in pension contributions recorded in the first quarter of 2026…
Enugu approves ₦32,000 minimum pension for LG retirees
The Enugu State Government has approved a new minimum pension of N32,000 for local government retirees, with payments expected to begin once…
PTAD pays ₦3.82bn pension arrears to 30,356 retirees
The Pension Transitional Arrangement Directorate has disbursed N3.82 billion in accrued pension arrears to 30,356 Federal Government retirees under the Defined Benefit…
Pension contributions fall by 38% in Q1 2026
Pension contributions under Nigeria’s Contributory Pension Scheme declined by 38 per cent in the first quarter of 2026, according to data released…
Over 90% of informal workers abandon personal pension plan
More than 90 per cent of informal sector workers who enrolled in the Personal Pension Plan have abandoned the scheme, as subscribers…
92% of personal pension plan accounts dormant — PenCom
Amidst efforts by the National Pension Commission to include informal sector workers in the pension scheme, the Personal Pension Plan which caters…
Public sector pension remittances hit ₦903bn as assets surge
Public sector pension remittances recorded a significant increase of 234.85 per cent, rising to N550.96 billion in the fourth quarter of 2025,…
Zamfara approves pension boost for retirees amid economic hardship
The Zamfara State Government has approved an increase in pension payments for retirees in both the state and local government system as…
Employees ₦30bn pension contributions stuck in PFAs accounts – PENCOM
Nearly N30 billion in pension contributions is currently stuck with Pension Fund Administrators instead of reaching employees’ accounts. The National Pension Commission…
Nigeria pension assets hit N26tr
Nigeria’s pension industry continued its steady climb in September 2025, with total pension assets rising to N26.09 trillion, up from N25.90 trillion…