61 h. ago Federal Government Rolls Out N1m Youth Startup Grant, N500,000 For Informal Sector

The Federal Government on Tuesday expanded its youth empowerment drive with the rollout of N1 million startup grant for young entrepreneurs and N500,000 support packages for beneficiaries in the informal sector. The initiatives were unveiled under the second edition of the Nigeria Youth Academy (NiYA) Startup Grants. President Bola Tinubu, represented by his Chief of […]

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3 d. ago FG pledges social protection for 60m Nigerians in informal sector

The Federal Government has said it is taking concrete steps to provide social protections to over 60 million Nigerians working in the informal sector. The Minister of Labour and Employment, Dr Muhammad Dingyadi, disclosed this on Tuesday, in Abuja, at the National Dialogue on Extending Social Protection Coverage to Informal Economy Workers. The dialogue was […]

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4 d. ago Nigeria’s pension crossroads: rebuilding trust to secure tomorrow’s retirement

For millions of Nigerian workers, the pension contribution is a monthly act of faith – a deferral of today’s needs read more Nigeria’s pension crossroads: rebuilding trust to secure tomorrow’s retirement

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2 w. ago Omolola Oloworaran’s one year of pension revolution in Nigeria

In just one year at the helm of affairs at the National Pension Commission (PenCom), Omolola Oloworaran, the director-general has read more Omolola Oloworaran’s one year of pension revolution in Nigeria

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2 w. ago Stanbic IBTC Pension Managers named Nigeria’s Best PFA at Global Banking & Finance Awards

Stanbic IBTC Pension Managers has been crowned Best Pension Fund Administrator (PFA) Nigeria 2025 at the prestigious Global Banking & Finance Awards, reinforcing its leadership in Nigeria’s pension industry and its commitment to safeguarding the financial futures of millions of contributors. Announced by the UK-based awards body, the recognition spotlights institutions driving innovation, operational excellence […]

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3 w. ago National Assembly To Transmit Police Pension Bill For Assent Next Week

Barring last-minute changes, the National Assembly is expected to transmit the bill seeking the establishment of the Nigeria Police Force Pension Board and exemption of the force from the contributory pension scheme to President Bola Tinubu for assent next week. The Chairman of the House of Representatives Committee on Police Affairs, Hon. Abubakar Makki Yalleman, […]

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3 w. ago 17 states fully implement contributory pension scheme — PenCom

It revealed that the scheme for informal-sector workers is being redesigned and rebranded as the Personal Pension Plan (PPP)

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3 w. ago National Assembly To Transmit Police Pension Bill For Tinubu’s Assent Next Week

Barring last minute changes, the National Assembly would transmit the bill seeking establishment of Nigeria Police Force Pension Board and exemption of the force from contributory pension scheme to President Bola Tinubu for assent next week. The Chairman, House of Representatives Committee on Police Affairs, Hon. Abubakar Yalleman, gave this indication while briefing journalists at […]

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3 w. ago Only 17 states implementing contributory pension scheme – PenCom

PenCom reports that only 17 of 36 Nigerian states are implementing the Contributory Pension Scheme, with reforms planned for informal sector workers. Read More: https://punchng.com/only-17-states-implementing-contributory-pension-scheme-pencom/

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3 w. ago Beyond loans: How credit direct is enhancing pension, insurance for Nigeria’s informal sector

When Stella Odion, who sells foodstuffs at Bola Tinubu Modern Market, Moshalashi, Lagos, faced financial challenges and needed to access read more Beyond loans: How credit direct is enhancing pension, insurance for Nigeria’s informal sector

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3 w. ago New pension rules open door to derivatives, gold, agricultural funds

Nigeria’s pension industry is entering a new era of diversification as the National Pension Commission (PenCom) updates its investment regulations read more New pension rules open door to derivatives, gold, agricultural funds

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3 w. ago Nigeria’s pension fund hit N25trn by August 2025 as ICAN lecture reveals why informal sector drags foot

Nigeria’s pension fund is said to have hit more than N25trn by August 2025. This is said to be one read more Nigeria’s pension fund hit N25trn by August 2025 as ICAN lecture reveals why informal sector drags foot

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