…reduced from as long as 21 months to 48 hours under a mandatory service standard for Pension Fund Administrators.Additional exit benefits for eligible workersAn Exit Benefit Scheme, effective January 1, 2026, provides qualifying employees of treasury-funded ministries, departments and agencies with an additional paymen…

…were due for remittance to the Nigeria Revenue Service, FCT Inland Revenue Service, Pension Fund Administrators and contractors. The Auditor-General also faulted the councils for failing to properly maintain and update their fixed asset registers. The report specifically cited Gwagwalada Area Council, where non-current…

…The process also requires the provision of relevant data and instructions to Pension Fund Administrators and other pension operators responsible for implementing the adjustments. “Implementing pension enhancements involves determining eligibility, applicable adjustments, actuarial liability, funding, and providing rele…

Nigeria’s pension fund administrators maintained a firmly conservative investment stance in the first half of 2026, channeling the bulk of their assets into Federal Government of Nigeria (FGN) securities that climbed to ₦17.40 trillion by the end of June, according to a review by Cowry Assets Management Limited. The fi…

The Nigeria Customs Service (NCS) at the weekend released N7.61 billion to nine Pension Fund Administrators (PFAs) for payment to 4,237 retirees, as the Comptroller-General of Customs, Adewale Adeniyi, reaffirmed the Service’s commitment to improving the welfare of its retired personnel. According to a statement releas…

…3.43%.The Series II Offer attracted strong participation from 22 investors, including 12 Pension Fund Administrators (PFAs). Notably, 78% of the capital raised came from PFAs, while the balance was from High-Net-Worth Individuals (HNIs), corporate investors, and FCMB Asset Management Limited (FCMBAM). FCMBAM, as Fund M…

…organisations, mortgage institutions, commercial banks, sovereign wealth funds, pension fund administrators, private equity investors, policymakers and industry experts. The event will also feature leading real estate companies with proven records of delivering quality developments, alongside major manufacturers of bui…

…on the relevant authorities to clear the backlog and ensure regular remittances to Pension Fund Administrators. ASUU warned that continued delays, selective implementation or outright disregard for the 2025 agreement could undermine industrial harmony and disrupt academic activities in universities across the zone. It…