Pension

PenCom: 91.4 Percent Of Personal Pension Accounts Remain Unfunded

According to data from the National Pension Commission’s first-quarter 2026 pension industry report, 219,316 Personal Pension Plan RSAs had been registered as of March 2026.

Premium Pension, Trustfund Pensions Propose Merger to Become Nigeria’s Third-Largest PFA

July 8 (THEWILL) — Premium Pension Limited and Trustfund Pensions Limited have proposed a merger that would create Nigeria's third-largest Pension Fund Administrator (PFA), subject to regulatory approvals. The proposed transaction was disclosed in a merger notification published on Tuesday...

Relief As FG Clears ₦39.6bn Pension Arrears To DBS Retirees

July 3 (THEWILL) — The Federal Government has settled ₦39.6 billion in longstanding pension arrears owed to thousands of retirees under the Defined Benefit Scheme (DBS), clearing all inherited pension liabilities and bringing long-awaited relief to affected pensioners. The government...

Pension Plan for Informal Workers: A Crucial National Conversation

June 7 (THEWILL) — In my country Nigeria, the word "pension" evokes different reactions. For many civil servants and corporate workers, it symbolizes hope for a near comfortable retirement. However, for the majority of Nigerians working in the informal...

Public Sector Pension Contribution Jumps 235% as Compliance, Arrears Payments Drive Growth

June 3 (THEWILL) — Public sector pension contributions surged by 234.85 per cent to ₦550.96 billion in the fourth quarter of 2025, highlighting stronger compliance with Nigeria’s Contributory Pension Scheme (CPS) and the settlement of outstanding pension arrears. This was...

N29.84bn Pension Contributions Trapped as Remittance Failures Persist

April 17, (THEWILL) — Nearly N30 billion in pension contributions remains uncredited to workers’ Retirement Savings Accounts (RSAs), highlighting persistent inefficiencies in Nigeria’s Contributory Pension Scheme (CPS). Data from the National Pension Commission (PenCom) shows that N29.84 billion is currently...

Nigeria Pension’s N28trn Milestone Marks ‘Super-Cycle’ Momentum in Q1

April 12, (THEWILL) — Nigeria’s pension industry has entered what analysts are increasingly describing as a “super-cycle,” marked by rapid asset growth, record-breaking returns, and a structural shift in how retirement savings are invested. As of March 31, 2026,...

Foreign Exit, Pension Influx: The New Power Shift in Markets

March 23, (THEWILL) — On March 16, 2026, Nigeria’s stock market crossed a symbolic and historic threshold as the All-Share Index surged past 200,000 points for the first time. On the surface, it looked like a decisive vote of...

How Retirement Funds are Powering Nigeria’s Market Rally

March 22, (THEWILL) — Nigeria’s stock market rally in 2026 is being powered by an unlikely force: the retirement savings of millions of workers. A sweeping regulatory shift by the National Pension Commission (PenCom) has transformed the country’s pension industry...

Accredited Pension Agents: Disrupting the Old Pension Order

March 02, (THEWILL) — Nigeria has stood at moments like this before – moments when a single reform quietly alters the destiny of millions; moments when leadership chooses structure over excuses and dignity over delay. Two decades ago, our pension...
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Burna Boy’s ‘Praise The Sky’ Potshot Missed True Christians

Secular music superstar, Burna Boy, has been accused of disparaging the Lord Jesus Christ and those who believe in Him.
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