PREMIUM PENSION APPOINTS NEW INDEPENDENT DIRECTOR
Professor Nat Ofo As part of its strategy to provide excellent services and propel the Company to greater heights, the Board of Premium Pension Limited recently appointed Professor Nat Ofo as an...
View ArticleMuhammadu Buhari To Launch Micro Pension Plan On Thursday
PRESS RELEASE —-As part of the initiatives to bring financial inclusion to all working Nigerians, the President of the Federal Republic of Nigeria , Muhammadu Buhari will launch the Micro Pension...
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Buhari Unveils Mult-trillion Micro Pension Scheme * As Pension Asset Hits...
President Buhari (2nd left); followed by Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar and other dignitaries at the event. BY NKECHI NAECHE—-In a bid to end old age poverty for all Nigerians,...
View ArticleLagos State Issues Smart Identification Cards To Retirees
Mrs. Folashade Onanuga, DG LASPEC Lagos State Government on Friday, scored another millstone in Pension Scheme Administration in the Country by being the first State Government to issue Electronic ID...
View ArticlePTAD Pays 103,710 Civil Service Pensioners Final Tranche of 33% Pension...
The Pension Transitional Arrangement Directorate (PTAD) has approved the immediate payment of the sum of N 2,608,455,504.24 (Two Billion, Six Hundred and Eight Million, Four Hundred and Fifty Five...
View ArticleWe Did Not Divert University Pension Fund-Says LASU
The management of the Lagos State University (LASU) has debuked allegation of diverting N198 million staff pension fund to buy luxury cars. According to statemrnt released by the university Spokesman,...
View ArticleMulti-Fund Structure as Investment Strategy for Contributory Pension Scheme
DR. PIUS APERE ‘ Introduction The traditional thinking has been that members in defined contribution (DC) schemes bear all the investment risks and rewards and receive benefits (based on whatever...
View ArticleCBN Unveils Banknote Fitness Guidelines
April 26, 2019/CBN 1.0 Introduction 1.1 CBN Mandate One of the core mandates of the Central Bank of Nigeria (CBN) as enunciated in section 2 of the CBN Act, 2007, is the issuance and...
View ArticleSERAP writes Gov Dickson, asks him to reject life pension for Bayelsa lawmakers
Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to Governor Seriake Dickson of Bayelsa State urging him to use his “good offices as trustee of the state’s resources,...
View ArticleTUC Frowns Against Life Pension Bill For Governor, Deputy, Assembly Men
BY NECHI NAECHE—The Trade Union Congress of Nigeria (TUC) has frowned against the plans by the Bayelsa House of Assembly to place themselves, state Governor and Deputy Governor on life pension. The...
View ArticleSERAP to Ganduje: ‘Reject fat pensions, luxury cars-for-life for Kano lawmakers’
Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to Kano State Governor Abdullahi Umar Ganduje, urging him to use his good offices and position to: “publicly reject...
View ArticleAlleged N14bn Police Pension scam: Again court adjourns due to defendant’s...
The trial of Esar Dangabar and six others in the alleged N14 billion police pension scam again was stalled in an FCT High Court, following his ill health. Dangabar is among seven persons standing...
View ArticlePenCom Outline Achievements Of Quarterly Consultative Forum for States, FCT
Cross section of participants at th forum heldvyoday in Lagos. BY NKECHI NAECHE—-The National Pension Commission (PenCom) on Wednesday outlined some of its achievements since the commencement of its...
View ArticleOver N3.40bn Pension Contributions Uncredited Into States Employees’ RSAs –...
Hajia Aisha Dahir-Umar, DG PenCom * instituted Annual Recognition/Award For States and Operators BY NKECHI NAECHE—-The National Pension Commission (PenCom) on Wednesday said that based on PFAs’...
View ArticlePFAs Implore Contributors To Embrace Ongoing Data Recapturing Exercise
BY NKECHI NAECHE––The Pension Fund Administrators(PFAs) have called on the 9 million pension contributors under the Contributory Pension Scheme(CPS) to embrace the ongoing data recapturing exercise...
View ArticleLagos State Pays N1.13bn To 311 Retirees
Governor Babajide Sanwo Olu The Lagos State Government under the leadership of His Excellency Governor Babajide Sanwo Olu, has presented Retirement Benefit Bond Certificates worth one Billion, One...
View ArticlePolice Retirees Groaning Over Delayed, Low Pension Payments
Hajia Aisha Dahir-Umar, Acting DG PenCo Police retirees under the Contributory Pension Scheme (CPS) supervised by the National Pension Commission (PenCom) are groaning over the undue delay in the...
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Financial Inclusion: FG Moves To Capture 36.6m Nigerians With Micro Financial...
L-R: Mr. Misbahu Yola, Managing Director, FCMB Pensions; Mrs Ronke Adedeji, President, Association of Pension Fund Operators of Nigeria; Mr. Samuel Ogbodu, Managing Director/CEO, SUNU Assurance...
View Article‘NPA Not Owing Pensioners’
The Nigerian Ports Authority (NPA) has described as misleading and diversionary the reports that it refused to pay outstanding benefits to workers disengaged in May 2008. In a statement issued on...
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