Trustfund Pensions eyes N2tn by year end as assets surge to N1.54tn
Trustfund Pensions Limited has set a target of growing its Assets Under Management, AUM, to N2 trillion by the end of 2026
FG agrees pension buyout for aged seafarers —Maritime Workers Union
NNSL appears to be coming to an end as the Federal Government is said to have agreed on a pension buyout
Why we launched new pension contribution remittance system — PenCom
By Victor Ahiuma-Young The National Pension Commission PenCom, has given insight into why it launched a new Pension Contribution Remittance System designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts, RSAs. The platform developed in partnership with the Pension Operators’ Association of Nigeria, PenOp, has approved Payment Solution Service Providers, PSSPs, to enhance accuracy, efficiency, and transparency […]
Resolve pension arrears, prevent future financial crisis, PenCom tells states
PenCom, has told state governments that the Contributory Pension Scheme, CPS, offers a long-term solution to the pension liabilities
Social security: NSITF targets 1m annual subscriber base in ECS
By Johnbosco Agbakwuru The Nigeria Social Insurance Trust Fund, NSITF, is embarking on a new strategy to enroll no fewer than one million subscribers as beneficiaries in the Employee Compensation Scheme, ECS, yearly. This came as it lamented that many corporate organizations feign ignorance of the operations of the scheme. The Managing Director of the Fund, […]
Citizens Pensions to revolutionize retirement savings — MD
By Chioma Obinna The Managing Director of Citizens Pensions Limited, CPL, Mrs. Helen Da-Souza, has said the official launch of the new Pension Fund Administrator, PFA, operations in Lagos marks a significant step toward transforming Nigeria’s pension landscape with a strong focus on the underserved informal sector. The new PFA, licensed by the National Pension Commission, […]
