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Month: February 2021

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  • 143 retirees received ₦963 million retirement bond from Osun State

143 retirees received ₦963 million retirement bond from Osun State

143 retirees in the Osun State civil service have received bond certificates of over ₦963 million. The state governor, Mr Gboyega Oyetola, who made this known in Osogbo, on Tuesday,…

PTAD has resumed pensioners verification earlier suspended

The Pension Transitional Arrangement Directorate (PTAD) on Wednesday said it had resumed the verification of mop-up/in house exercise previously postponed. This is contained in a statement issued by Mr Gbenga…

Federal Government loses N1bn to ghost pensioners monthly

Nigeria Union of Pensioners (NUP), University of Benin branch, has disclosed that the Federal government lost N1 billion monthly to ghost pensioners monthly. The pensioners, in a Save Our Soul…

PFAs increased Investment in equities by over 55% in 2020 due to low interest rate

Pension Fund Administrators (PFAs) moved massively into the equities market last year, raising investment in the market by 55.3%, year-on-year, in a determined bid to escape the abysmally low interest…

Different Types of Pension Products Under the CPS

Reading this, you should be interested in you’ll be able to start a pension plan and what plan is it that is the right one that is suited for you…

PFAs to adopt Business Models for Pension Funds in line with IFRS 9

The National Pension Commission (PenCom), has given an ultimatum for all pension fund administrators (PFAs) to adopt the business models (BM) developed to guide the investment decisions for all existing…

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