October 25, 2025
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PenCom Rebrands Pension Scheme to Broaden Coverage, Drive Savings

PenCom Rebrands Pension Scheme to Broaden Coverage, Drive Savings

The National Pension Commission (PenCom) has rebranded its Personal Pension Plan (PPP) to expand coverage and encourage voluntary retirement savings among Nigerians, especially informal sector workers. PenCom Director-General Omolola Oloworaran disclosed this during a sensitisation…

PenCom Hails CPS as Pension Game-Changer, Assets Hit ₦25 Trillion

PenCom Hails CPS as Pension Game-Changer, Assets Hit ₦25 Trillion

The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has said Nigeria’s Contributory Pension Scheme (CPS) has transformed the country’s pension system, replacing decades of uncertainty with transparency, sustainability, and inclusiveness. Speaking at a…

PenCom Unveils Guidelines for Foreign Currency Pension Contributions

PenCom Unveils Guidelines for Foreign Currency Pension Contributions

The National Pension Commission (PenCom) has released its first-ever guidelines on foreign currency (FCY) pension contributions under the Contributory Pension Scheme (CPS), as part of its ongoing “Pension Revolution 2.0” reforms. The Director-General of PenCom,…

Nasarawa Assembly tasks Pension Bureau on fairness in gratuity payments

Nasarawa Assembly tasks Pension Bureau on fairness in gratuity payments

The Nasarawa State House of Assembly has urged the State Bureau for Pension Administration to ensure fairness and objectivity in the disbursement of gratuity to pensioners across the state. The call was made on Tuesday…

Lagos Government Pays ₦1.52bn Pension Benefits to 798 Retirees

Lagos Government Pays ₦1.52bn Pension Benefits to 798 Retirees

The Lagos State Government has released ₦1.52 billion in retirement bond certificates to 798 retirees from the state’s civil service under the Contributory Pension Scheme (CPS). The certificates were presented on Monday during the 110th…

ASUU-UMYU Demands Katsina Govt Fully Implement Salary Structure, Pension and Health Reforms

ASUU-UMYU Demands Katsina Govt Fully Implement Salary Structure, Pension and Health Reforms

The Academic Staff Union of Universities (ASUU), Umaru Musa Yar’adua University (UMYU) Katsina chapter, has called on the Katsina State Government to fully implement the Unified University Salary Structure and resolve challenges affecting pensions and…

ASUU Raises Alarm Over ‘Paltry’ ₦150,000 Pension for Retired Lecturers

ASUU Raises Alarm Over ‘Paltry’ ₦150,000 Pension for Retired Lecturers

The Academic Staff Union of Universities (ASUU) has decried the “poor and inadequate” pension benefits available to retired lecturers in Nigeria. ASUU National President, Prof. Christopher Piwuna, raised the concern at a news conference in…

Okpebholo’s N500m Monthly Subvention Clears AAU Salary Arrears, Pension Backlogs

Okpebholo’s N500m Monthly Subvention Clears AAU Salary Arrears, Pension Backlogs

Staff of Ambrose Alli University (AAU), Ekpoma, are now receiving regular salaries and pension payments following the approval of a ₦500 million monthly subvention by Governor Monday Okpebholo. The institution’s Acting Vice-Chancellor, Prof. Sunday Samuel,…

Delta Governor Approves ₦10bn for Pension Arrears, Pledges Transparency

Delta Governor Approves ₦10bn for Pension Arrears, Pledges Transparency

Delta State Governor, Sheriff Oborevwori, has approved the immediate release of ₦10 billion to settle outstanding pension arrears owed to retirees in the state. The governor made the announcement on Tuesday in Asaba during a…

FG pledges swift action on pension challenges — HCSF

FG pledges swift action on pension challenges — HCSF

The Head of the Civil Service of the Federation (HCSF), Mrs. Didi Walson-Jack, says the Federal Government is working diligently to address all pension-related challenges facing retirees nationwide. Walson-Jack made this known on Friday in…