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Sunday, June 8, 2025

Pension industry takes over annuity business

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By Abdul Olalekan There are strong indications that the pension industry may have succeeded in snatching away annuity business from insurance industry, as some life...

148 Lagos retirees get N597m pension benefits

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By Abdul Olalekan 148 retirees from the Lagos State civil service were paid N597 million as their pension entitlements. The beneficiaries are retired civil servants of...

Pension funds may hit N7.2trn by year end

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By Abdul Olalekan Despite the devaluation of Naira and double digit inflation rate that have impacted businesses negatively and put the economy in recession, the...

Ogun pays N1.5bn gratuity to 546 retirees

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By Abdul Olalekan The Ogun State Government has paid a sum of N1.5 billion to 546 retirees in the state in fulfilment of it promises...

PenCom recovers 11bn pension contributions from defaulting employers

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By Abdul Olalekan The National Pension Commission (PenCom) has recovered about N11 billion between 2013 and now, from employers who refused to remit the pension...

PTAD to begin pension verification exercise for Nigerians in Diaspora

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By Abdul Olalekan The Pension Transitional Arrangement Directorate (PTAD) will soon commence pension verification exercise for Nigerians in the Diaspora. Executive Secretary, PTAD, Mrs Sharon Ikeazor,...

Lagos remits N75bn pension contributions to PFAs

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By Abdul Olalekan The Lagos State Government has remitted N75 billion as pension contributions from both employees and employer (being the Lagos State) to some...

PAL Pensions promises competitive service delivery to RSA holders

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By Abdul Olalekan Pension Alliance Limited (PAL) Pensions has promised to continue to deliver competitive service to its numerous clients across the country. The Managing Director/CEO,...

Xmas, New Year: FUG Pensions partners FRSC on safe driving

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By Abdul Olalekan As preparation for Christmas and New Year festivals is gradually entering its peak, Future Unity Glanvills (FUG) Pensions Limited has partnered the...

Micro pension to revolutionise pension industry- Fajemisin

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  By ABDUL OLALEKAN The pension industry will witness another revolution by the time micro pension scheme commences in the pension sector of the country, as...