Pension

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...

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...

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...

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...

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...

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,...

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...

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...

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...

November 19, (THEWILL) — Nigeria’s pension fund assets recorded 22.03 percent growth as of the end of the third quarter, rising by more than N4.71 trillion. This is as Pension Fund Administrators deepened their allocation to Federal Government securities,...