insurance and pension news
Tuesday, May 20, 2025
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has changed the name of the informal sector pension package – Micro Pension Plan (MPP) to Personal Pension Plan (PPP) in its repositioning strategy aimed at accommodating more contributors. The Director-General of PenCom Ms. Omolola Oloworaran, […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said it hopes to achieve about 20 million pension contributors by the end of year 2027, as against the over 10.65 million that is attained. The Director-General of PenCom Ms. Omolola Oloworaran, said this today […]
Kindly leave a comment and share Chuks Udo Okonta *Crowns Lagos ‘a leading model for CPS The National Pension Commission (PenCom) has urged the Lagos State Governor, Babajide Sanwo-Olu, to extend periodic pension increases currently enjoyed by Defined Benefit Scheme (DBS) retirees to those under the Contributory Pension Scheme (CPS) […]
By; Ivo Takor, mni Esq. Introduction Comfort in old age is not a luxury — it is a basic necessity that defines the quality of life for our elders. As physical strength declines and emotional needs deepen, providing a supportive environment becomes crucial. Ensuring physical ease, emotional warmth, mental stimulation, […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has stated that newspaper organisations are owing over N1.3 billion in unpaid pension contributions for journalists. This was disclosed by the Director-General of PenCom, Ms. Omolola Oloworaran, who led a delegation to the Nigerian Press Council […]
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has enlisted the support of the Nigerian Electricity Regulatory Commission (NERC) to prevail on electricity Generation Companies (GENCOs) and Distribution Companies (DISCOs) to settle unpaid pension contributions for their employees. During a courtesy visit on April […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Pensure, a leading Pension Fund Administrator in Nigeria, has again emerged as a standard bearer of excellence, clinching the prestigious West Africa Pension and Lifestyle Company of the Year at the 14th edition of the West Africa Innovation Awards. This […]
Kindly leave a comment and share Chuks Udo Okonta Governor Lucky Aiyedatiwa has said Ondo State is exploring opportunities to leverage pension funds for infrastructural development in the state. The Governor made the revelation on Tuesday, April 15, 2025 when he received a delegation from the National Pension Commission (PenCom) […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian pension industry has committed a total of N5.51 trillion to asset classes that support long-term financing for real sector growth. These investments span infrastructure, private equity vehicles, real estate, and subnational infrastructure initiatives, among others. The Director General of […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Pensure, a leading Pension Fund Administrator (PFA) in Nigeria, has reiterated its commitment to securing the financial future of Nigerians by highlighting the benefits of Additional Voluntary Contributions (AVC). This was emphasised during an interactive webinar hosted by the company, […]
