March 10, 2026
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PenCom DG Visits Pensioners’ Union, Assures Improved Welfare

PenCom DG Visits Pensioners’ Union, Assures Improved Welfare

The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has pledged improved welfare for Nigerian pensioners, assuring closer collaboration with the Nigeria Union of Pensioners (NUP). She made the commitment on Thursday,…

PenCom, TUC Unite to Enforce Pension Compliance, Protect Workers’ Savings

PenCom, TUC Unite to Enforce Pension Compliance, Protect Workers’ Savings

The National Pension Commission (PenCom) and the Trade Union Congress of Nigeria (TUC) have resolved to strengthen collaboration in order to enhance compliance with the Contributory Pension Scheme (CPS). The agreement was reached on Wednesday,…

PenCom Unveils Guidelines for Foreign Currency Pension Contributions

PenCom Unveils Guidelines for Foreign Currency Pension Contributions

The National Pension Commission (PenCom) has released its first-ever guidelines on foreign currency (FCY) pension contributions under the Contributory Pension Scheme (CPS), as part of its ongoing “Pension Revolution 2.0” reforms. The Director-General of PenCom,…

PenCom Recovers N4.57bn Pension Funds from Defaulting Employers in Five Quarters

PenCom Recovers N4.57bn Pension Funds from Defaulting Employers in Five Quarters

The National Pension Commission (PenCom) has recovered N4.57 billion from defaulting employers between the first quarter of 2024 and the first quarter of 2025. Mr. Oguche Agudah, Chief Executive Officer of the Pension Fund Operators…

NLC Gives FG Seven Days to Return Workers’ Funds, Appoint PENCOM Board

NLC Gives FG Seven Days to Return Workers’ Funds, Appoint PENCOM Board

The Nigeria Labour Congress (NLC) has given the Federal Government seven days to return what it described as diverted workers’ contributions from the Nigeria Social Insurance Trust Fund (NSITF) and to constitute the Governing Board…

PenCom, Police in Joint Move to Overhaul Officers’ Pensions

PenCom, Police in Joint Move to Overhaul Officers’ Pensions

The National Pension Commission (PenCom) and the Nigeria Police Force (NPF) have launched a joint initiative to improve police officers’ pensions and welfare under the Contributory Pension Scheme (CPS). The collaboration was announced in a…

NECA Urges Urgent PenCom Board Appointment, Commends Tinubu’s Pension Drive

NECA Urges Urgent PenCom Board Appointment, Commends Tinubu’s Pension Drive

The Nigeria Employers’ Consultative Association (NECA) has praised President Bola Tinubu for his sustained interest in the welfare of retirees, describing it as a mark of respect for Nigerians who have dedicated their productive years…

FG Finalises ₦758bn Pension Bond to Benefit Over 250,000 Federal Retirees

FG Finalises ₦758bn Pension Bond to Benefit Over 250,000 Federal Retirees

The Federal Government has finalised the breakdown of a ₦757.98 billion pension bond aimed at clearing longstanding pension arrears under the Contributory Pension Scheme (CPS). This move, concluded on 22 July 2025, is expected to…

NUPCPS Hails FG’s ₦758bn Pension Arrears Approval for CPS Retirees

NUPCPS Hails FG’s ₦758bn Pension Arrears Approval for CPS Retirees

The Nigerian Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) has praised the Federal Government for approving ₦758 billion to clear long-standing pension arrears owed to retirees under the Contributory Pension Scheme (CPS). In a…

PenCom, PenOp Reject Police Withdrawal from Pension Scheme, Warn of Economic Risk

PenCom, PenOp Reject Police Withdrawal from Pension Scheme, Warn of Economic Risk

The National Pension Commission (PenCom) and the Pension Fund Operators Association of Nigeria (PenOp) have rejected the push by the Nigeria Police Force (NPF) to exit the Contributory Pension Scheme (CPS), warning that such a…

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