December 16, 2025
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Relief as Adamawa Governor Approves ₦8bn to Clear Pension Arrears

Relief as Adamawa Governor Approves ₦8bn to Clear Pension Arrears

Adamawa State Governor, Ahmadu Umaru Fintiri, on Wednesday approved the release of ₦8 billion to settle long-standing pension arrears owed to retirees in the state and across its 21 local government areas. The governor said…

PHCN Pensioners Demand 25 Years of Unpaid Benefits

PHCN Pensioners Demand 25 Years of Unpaid Benefits

The Concerned PHCN Pensioners Pressure Group has urged the Federal Government to pay entitlements owed to its members for over 25 years. At a news conference in Lagos on Thursday, the group’s Chairman, Mr. Oladimeji…

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…

Over 8,000 Nigerians Access ₦39.86bn Pension Funds for Mortgages in Q1 2025

Over 8,000 Nigerians Access ₦39.86bn Pension Funds for Mortgages in Q1 2025

A total of 8,408 Retirement Savings Account (RSA) holders accessed ₦39.86 billion as equity contributions for residential mortgages in the first quarter of 2025, the Pension Fund Operators Association of Nigeria (PenOp) has revealed. Chief…

Governor Sule Approves ₦1.6bn for 2012 Retirees’ Gratuities in Nasarawa

Governor Sule Approves ₦1.6bn for 2012 Retirees’ Gratuities in Nasarawa

The Nasarawa State Government has announced plans to settle the gratuities of civil servants who retired in 2012, with Governor Abdullahi Sule earmarking ₦1.6 billion for the payments. The governor made the announcement on Thursday…

Military Pensions Board Pledges Transparency in Handling Retirees’ Entitlements

Military Pensions Board Pledges Transparency in Handling Retirees’ Entitlements

The Military Pensions Board (MPB) has reaffirmed its commitment to the welfare of retired military personnel, pledging transparency and fairness in the management of entitlements. In a statement on Sunday, MPB’s Public Relations Officer, Sqn…

Tinubu Approves Pension Increase, Health Insurance for DBS Retirees

Tinubu Approves Pension Increase, Health Insurance for DBS Retirees

President Bola Tinubu has approved new measures to improve the welfare of pensioners under the Defined Benefit Scheme (DBS), as part of the ‘Renewed Hope Agenda’. The Head of Corporate Communications at the Pension Transitional…

Heirs Insurance Unveils ₦5m Grant for Retirees with Post-Retirement Dreams

Heirs Insurance Unveils ₦5m Grant for Retirees with Post-Retirement Dreams

Heirs Insurance Group has launched the Heirs Insurance Retirement Dream Competition, a ₦5 million grant initiative aimed at empowering retirees and pre-retirees across Nigeria. According to a statement issued by the company on Wednesday, the…

Military Pensions Board Clears Air on 2024 Gratuities: Are Retirees Being Misled?

Military Pensions Board Clears Air on 2024 Gratuities: Are Retirees Being Misled?

The Military Pensions Board (MPB) has denied allegations of non-payment of gratuities and Security Debarment Allowance (SDA) to military retirees, dismissing a planned protest by the Coalition of Concerned Veterans (CCV) as based on misinformation.…

FG Finalises ₦758bn Pension Bond to Benefit Over 250,000 Federal Retirees

FG Finalises ₦758bn Pension Bond to Benefit Over 250,000 Federal Retirees

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…