Contributory Pension Scheme Assets Grow by 22% to N18.36tn – PenCom

The assets under the Contributory Pension Scheme (CPS) in Nigeria surged by 22.43%, reaching a total of N18.36 trillion by the end of 2023,...

Access Plc. Set To Buy Acquire ARM Pension Managers

Access Holdings Plc has secured the requisite clearance for its subsidiary, Access Pensions Ltd., to acquire ARM Pension Managers (PFA), Ltd., according to Dr...

Lagos State Government Pays N57.7 Billion in Pension Benefits to 16,340 Retirees

In a demonstration of its commitment to the welfare of retirees, the Lagos State government has disbursed a total of N57.7 billion in pension...

FEC Approves N9.8 Billion for Renewal of FG Workers’ Group Life Assurance

During the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu on Wednesday, the approval of N9.8 billion was granted for the...

Over 100,000 RSA Contributors Swap Pension Managers in 2023

In a significant development, a record-breaking 101,820 Retirement Savings Account (RSA) holders opted to switch their Pension Fund Administrators (PFA) in 2023. This marks...

Contributory Pension Assets Increases To N17.66tn

As of the end of October 2023, the total assets under the Contributory Pension Scheme amounted to N17.66 trillion. On Sunday, figures from the National...

Stanbic IBTC Pension Managers Re-launches Branch In Garki, Abuja

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and a member of Standard Group, has re-opened its flagship Customer Experience Centre in...

PFAs Gets N8tn Interest From Pension Investments – Report

A recent study states that the Pension Fund Administrators have reported a profit of N7.98 trillion from the investments made by employees into their...

Nigeria’s Insurance Sector Achieves Remarkable 16.99% Growth in Q3

The insurance industry in Nigeria witnessed substantial growth, expanding by 16.99 percent in the third quarter of the 2023 financial period, according to a...

91,214 Deceased Workers’ Relatives Receives N356bn Pension Settlement- PenCom

In a significant development, the National Pension Commission (PenCom) has disclosed that a total of N356.32 billion has been disbursed in pension settlements to...

Stanbic IBTC Pension Managers’ FUZE Talent Show Wins Judges’ Choice Award At 2023 WorldPensionSummit

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and leading Pension Fund Administrator (PFA) in Nigeria, proudly announces receipt of the prestigious...

Top 7 Tips For Nigerian Workers To Retire Comfortably

Retiring comfortably is a goal for many Nigerian workers, but it can be difficult to achieve. With the rising cost of living and the...

Popular

spot_imgspot_img