Gov Adeleke presents N2.9bn bonds for pensions, gratuities
Governor Ademola Adeleke of Osun State has made a significant financial commitment to retirees of the state’s civil service by presenting a N2.9 billion pension bond. This announcement…
Ortom to Get N40m Allowance Every 4 Years, 2 SUVs, Life Pension
During a plenary on May 25, 2023, the Benue state House of Assembly passed a lifetime maintenance bill for former elected governors and their deputies in the state…
15 Best Pension Banks in Nigeria
15 Best Pension Banks in Nigeria: Retirement planning is a crucial aspect of financial management, and having a reliable pension bank is essential for a secure future. In…
Over 81,000 pension contributors lose jobs in 2yrs
Due to the rising unemployment level in Nigeria caused by the impact of an increasingly harsh economic environment on companies and individuals, 81,000 pension contributors lost their jobs…
Only Edo, Kaduna, Lagos, remit pension contributions
The National Pension Commission (PenCom) has said that Edo and Kaduna states have remitted pension contributions under the Contributory Pension Scheme (CPS).Information Guide Nigeria THE NATION reports that…
Abia retirees battle poverty over non-payment of pension and gratuity
Dickson Onyemeta, a retired level 6 officer from the Abia State civil service in the Ministry of Agriculture in 2006, said he could only boast of 12 birds…
FG releases N13.89bn to 2022 Contributory Pension retirees
The Federal Government has disbursed N13,89 billion to pay the pensions of its 2022 retirees. This was announced by the National Pension Commission in an advertisement received by…
Pension assets rebound, gain N164bn in one month
The Contributory Pension Scheme’s assets returned to growth in October, gaining N164 billion after suffering a loss of about N2 billion in September.Information Guide Nigeria This was disclosed…
Pension assets hit N14.9trn as govt borrows N8trn
The National Pension Commission (PenCom) has revealed that pension fund assets have increased to N14.59 trillion as of the end of October 2022.Information Guide Nigeria RIPPLES NIGERIA reports…
Lagos govt pays N45bn into workers’ pension accounts
The Lagos State Government has deposited N44.5 billion into the retirement savings accounts of its employees from May 2019 to October 2022.Information Guide Nigeria Mr. Babalola Obilana, Director-General…