The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their total monthly pension payments from ₦12.56 million to ₦159.95 million. The upward review translated to
The National Pension Commission (PenCom) is partnering with Pension Fund Administrators (PFAs) to launch a self-service online data recapture application known as the Data Recapture Self-Service Platform (PENCAP) on 1 February 2026. The platform will enable Retirement Savings Account (RSA)
The Pension Transitional Arrangement Directorate (PTAD) say it has disbursed a total sum of ₦55.9 billion as monthly pensions and pension arrears to eligible Pensioners and Next-of-Kins of deceased Pensioners under the Defined Benefits Scheme (DBS) in December, 2025. Olugbenga
FCMB Pensions, a subsidiary of FCMB Group Plc, say it is targeting N1.2trillion assets growth by the end of 2025 despite domestic and global economic uncertainties. This was disclosed Christopher Bajowa Managing Director of the Pension Fund Administrator (PFA) on
 The National Pension Commission (PenCom) said it has begun the disbursement of the N758 billion Bond approved by the Federal Government to clear outstanding pension liabilities earlier in the year. PenCom Director-General, Ms Omolola Oloworaran who disclosed this on
FCMB Pensions Limited, a subsidiary of FCMB Group Plc, this Monday embarked on a road walk in abuja as part of activities lined up for its 20th anniversary celebration. Managing Director/Chief Executive Officer of the FCMB Pensions, Christopher Bajowa who
The Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, has disclosed that the department has secured a ₦45 billion emergency budgetary allocation for implementation and payment of arrears. Odunaiye who held an urgent meeting Thursday with the
Retired workers of the defunct NITEL–MTEL this Tuesday staged a peaceful protest at the Federal Ministry of Finance, demanding the immediate payment of 35 months of unpaid pension arrears and other outstanding entitlements owed to them under the Defined Benefits
The National Pension Commission (PenCom) is targeting to drag around 80 million Nigerians into the pension net through the Personal Pension Plan (PPP). Director General of PenCom Ms Omolola Oloworaran in a keynote address at the Annual Conference of the
The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has reaffirmed the Commission’s commitment to strengthening collaboration with the Nigeria Union of Pensioners (NUP) to enhance the welfare of retirees in Nigeria. PenCom in a statement said
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