The Nigeria Labour Congress (NLC) has given the Federal Government seven days to return what it described as diverted workers’ contributions from the Nigeria Social Insurance Trust Fund (NSITF) and to constitute the Governing Board…
The National Pension Commission (PenCom) and the Nigeria Police Force (NPF) have launched a joint initiative to improve police officers’ pensions and welfare under the Contributory Pension Scheme (CPS). The collaboration was announced in a…
The Nigeria Employers’ Consultative Association (NECA) has praised President Bola Tinubu for his sustained interest in the welfare of retirees, describing it as a mark of respect for Nigerians who have dedicated their productive years…
The Federal Government has finalised the breakdown of a ₦757.98 billion pension bond aimed at clearing longstanding pension arrears under the Contributory Pension Scheme (CPS). This move, concluded on 22 July 2025, is expected to…
The Nigerian Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) has praised the Federal Government for approving ₦758 billion to clear long-standing pension arrears owed to retirees under the Contributory Pension Scheme (CPS). In a…
The National Pension Commission (PenCom) and the Pension Fund Operators Association of Nigeria (PenOp) have rejected the push by the Nigeria Police Force (NPF) to exit the Contributory Pension Scheme (CPS), warning that such a…
The Director of the Centre for Pension Rights Advocacy, Mr. Ivo Takor, has endorsed proposals to reintroduce gratuity payments under Nigeria’s Contributory Pension Scheme (CPS), urging that the initiative be anchored in law and guided…
The National Pension Commission (PenCom) has announced that total assets under the Contributory Pension Scheme (CPS) grew to N23.33 trillion as of March 31, 2025. Speaking at a media briefing in Lagos, PenCom’s Director of…
The National Pension Commission (PenCom) has launched Pension Boost 1.0, an initiative under the Contributory Pension Scheme (CPS) aimed at increasing monthly pension payouts to retirees. Announcing the development during PenCom’s second-quarter media briefing in…
The National Pension Commission (PenCom) has announced that organisations failing to meet their pension remittance obligations will be blacklisted from 30 November 2025. PenCom Director-General, Omolola Oloworaran, issued the warning during the commission’s second-quarter media…
