Archives for PENSIONS
PenCom Recovers N12.45 billion From Erring Employers
PenCom DG, Aisha Dahir-Umar By Ngozi Onyeakusi---The National Pension Commission (PenCom) said it has recovered billion from employers that failed to contribute towards their employees retirement. The recovery would indeed…
Premium Pension Boss, Umar Mairami Becomes PenOp President
Mairami By Ngozi Onyeakusi---Umar Mairami, the Managing Director/Chief Executive Officer of Premium Pension Limited was recently elected as the new President of PenOp. He takes over from Olumide Oyetan, whose…
Pension Industry Launches Mentoring & Networking Platform for Women
Penop logo By Ngozi Onyeakusi---International Women's Day (IWD) is a global celebration held annually on March 8th. It commemorates the social, economic, cultural, and political achievements of women while also…
PENSIONERS LAUD CONTRIBUTORY PENSION SCHEME
By Ngozi Onyeakusi---The National Union of Pensioners Contributory Pension Scheme (NUPCPS) stated that the Contributory Pension Scheme (CPS) is the best thing that has happened to Nigeria’s Pension administration. They…
“I’m Pleasantly Surprised at the Growth of the Contributory Pension Scheme”. – Obasanjo
By Ngozi Onyeakusi---Nigeria’s former President Olusegun Obasanjo stated that he was pleasantly surprised at the growth of the pension assets over the last 20 years. He mentioned that when his…
Pension fund assets grow by 6.4% to record N19.53trn
Pension Fund Illustration By Ngozi Onyeakusi---total pension fund assets increased by per cent or trillion in January 2024 to trillion. This is against trillion recorded in December 2023. According to…
PenCom Denies Lending FG N10tn
PenCom DG, Aisha Dahir-Umar By Ngozi Onyeakusi---The Director General of the National Pension Commission, Aisha Dahir-Umar, has denied allegations that the commission loaned N10tn to the Federal Government. The House…
LIRS Reminds Taxpayers of March 31 Deadline for Annual Tax Return
By Ngozi Onyeakusi---In compliance with the stipulations outlined in the Personal Income Tax Amendment Act (PITA) Cap P8 2011, the Lagos State Internal Revenue Service (LIRS), has issued a…
PenCom Imposes N12.52bn Fines on Defaulters, Recovers N12.93bn
PenCom logo By Ngozi Onyeakusi---The National PenCom Commission (PenCom) has said a total sum of billion unremitted contributions was recovered from defaulting employers between 2012 and 2023. The Head…
LIRS Extends Deadline For Filing Of Annual Tax Returns To February
By Ngozi Onyeakusi---In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers' annual tax returns…