3 d. ago Residents decry water scarcity in parts of Lagos, demand govt action

Some Lagos residents have called on the state government to make potable water accessible to reduce the huge amount of money spent on buying water. They disclosed this in separate interviews with the News Agency of Nigeria on Monday in Lagos, against the World Water Day celebrated annually in March. They urged the state government Read More

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3 d. ago Federal Gov’t Mobilises Pension Funds To Finance 5,000km Of Roads

The Nigerian government has announced plans to mobilise pension funds to finance the construction of 5,000 kilometres of roads. This plan has raised concerns about transparency and the potential risks of diverting retirees’ savings to build infrastructure projects. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed the initiative during an online […]

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6 d. ago Current Nigerian pension scheme promotes old age poverty, premature deaths – Don

By Emmanuel Adeyemi, Lokoja A university don, Prof Matthew Olasheinde Fashagba, has called on the Federal Government to immediately review Nigeria’s current Contributory Pension Scheme, saying it is laden with corruption, promotes old age poverty, and leads to premature deaths. Prof Matthew Fashagba gave this advice yesterday at the 25th inaugural lecture of the Federal […] The post Current Nigerian pension scheme promotes old age poverty, premature deaths – Don appeared first on The Sun Nigeria.

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7 d. ago PenCom Unveils Pension Remittance Platform To End Uncredited Contributions

The National Pension Commission (PenCom) has announced the launching of pension contribution remittance system, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs). PenCom said the system was developed in collaboration with the Pension Operators’ Association of Nigeria (PenOp). In a statement issued on Thursday, the agency […]

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7 d. ago Nigeria’s pension scheme failing retirees, says Don, demands govt action

A professor of Business Administration at the Federal University, Lokoja, Professor Mathew Fashagba, has called for the reforms of the Nigerian pension scheme to enable it to meet the requirements of pensioners. Fashagba who delivered the 25th inaugural lecture of the Federal University Lokoja on Wednesday said the reforms were necessary because the present contributory Read More

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8 d. ago Senate probes MDAs over imbalance in public service appointments

By Adesuwa Tsan, Abuja The Senate has accused the Nigerian National Petroleum Company Limited (NNPCL), Pension Commission (PENCOM), the Nigeria Deposit Insurance Corporation (NDIC) and several other Ministries, Departments and Agencies (MDAs) of the Federal Government of consistently violating the federal character principle in appointments, promotions and recruitment. It also directed its Committee on Federal […] The post Senate probes MDAs over imbalance in public service appointments appeared first on The Sun Nigeria.

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1 week ago Otti revisits pension deal, Abia Assembly probes school fees

Abia State Governor Alex Otti has pledged to re-evaluate the state’s agreement with the Nigeria Union of Pensioners regarding the settlement of pension arrears. Speaking at the 80th birthday thanksgiving service of Senator Chris Adighije, Otti acknowledged concerns about the NUP agreement raised by Rev Ernest Onyeukwu, emphasising that pensioners were honest but their leadership Read More

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2 w. ago Operators Harp On Compliance Frameworks For Pension Industry Transformation

Pension fund operators, under the auspices of the Pension Fund Operators Association of Nigeria (PenOp) have underscored the pivotal role of robust compliance frameworks in sustaining and transforming the nation’s pension industry. At the Pension Industry’s Compliance Officers’ Forum held recently in Lagos, the president of the Compliance Institute, Nigeria (CIN), Pattison Boleigha said, the […]

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3 w. ago Group sees FG’s N758bn bond strengthen Nigeria’s pension scheme

A pension advocacy group has praised the Federal Government’s planned issuance of a N758 billion bond to close funding gap read more Group sees FG’s N758bn bond strengthen Nigeria’s pension scheme

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3 w. ago 2025 Economic outlook: A fresh perspective on Nigeria’s pension fund administration space

Nigeria’s pension sector stands at a pivotal moment. With assets under management reaching an unprecedented N22.5 trillion as at December read more 2025 Economic outlook: A fresh perspective on Nigeria’s pension fund administration space

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4 w. ago Bridging the Pension Gap in Nigeria: Citizens Pensions Limited Secures Licence to Operate

LAGOS, NIGERIA – Citizens Pensions Limited proudly announces the approval for the issuance of a licence to carry on the business of a Pension Fund Administrator (PFA)marking a bold step towards redefining retirement planning in Nigeria. At the heart of Citizens Pensions lies a vision to be the trusted partner for secure and prosperous retirement. Read More

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