Contributory Pension Scheme News

Latest Articles

• Nigeria’s Pension Assets Surge to Record High of 29.43 Trillion Naira in February

  Published: Apr 8, 2026

  Section: Africa

  Data from the National Pension Commission shows a historic monthly expansion of N1.39 trillion in pension assets, reaching a total of N29.43 trillion as of February 2026. The growt...

• Nigeria Employers Association Commends Federal Government for Inaugurating PenCom Governing Board to Secure Pension Assets

  Published: Mar 25, 2026

  Section: Africa

  The Nigeria Employers’ Consultative Association has lauded the restoration of the National Pension Commission’s statutory governance structure. The inauguration follows a period of...

• Federal Executive Council Reintroduces Mandatory Gratuity Payments for Nigerian Civil Servants After Two-Decade Absence

  Published: Mar 10, 2026

  Section: Africa

  The Federal Executive Council has approved a new exit benefit scheme that grants retiring civil servants a gratuity equal to 100 percent of their annual salary. This policy shift a...

• Ogun State Becomes First in Nigeria to Launch Additional Pension Benefits and Digital "I Am Alive" Verification

  Published: Mar 10, 2026

  Section: Africa

  The Ogun State Government has introduced an Additional Pension Benefits (APB) scheme to bridge the financial gap for retirees under the Contributory Pension Scheme (CPS). Alongside...