The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of outstanding arrears tied to the ₦32,000 pension increment for retirees under the Defined Benefit Scheme (DBS), bringing the exercise to a close with a total disbursement of ₦1.73 billion.
Pension Fund Operators Association of Nigeria has announced the appointment of Anthonia Ifeanyi Okoro as its Chief Executive Officer, effective 30th March 2026. She succeeds Oguche Agudah who led the organisation for 6 years with dedication and impact. Anthonia brings
The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), charging members to uphold the highest standards of corporate governance and safeguard over ₦28 trillion in pension assets under the Contributory Pension Scheme (CPS). Speaking at
The management of CRC Credit Bureau has expressed interest in partnering with the National Insurance Commission (NAICOM) to integrate insurance sector data into national credit reporting systems. CRC Credit’s Managing Director/CEO Dr. Tunde Popoola who led his team on a
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
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