Lagos State government has released about N720.5 million to settle backlogs of 190 pensioners’ entitlements under the Contributory Pension Scheme (CPS). Folashade Onanuga, Director-general, Lagos State Pension Commission (LASPEC), made the disclosure.
Pension regulator, the National Pension Commission (PenCom) says the planned micro pension scheme aimed at expanding the Contributory Pension Scheme (CPS) into the informal sector will takeoff in January 2019.
Nigerian workers who are contributors to the national contributory pension scheme may soon be able to use part of their contribution to pay for equity contribution in the National Housing Scheme (NHS)
Our attention has been drawn to the media statements by the Financial Reporting Council of Nigeria (FRCN) in which several inaccurate and unseemly allegations were made against Stanbic IBTC Holdings PLC (“Stanbic IBTC”). Although the matter is in court, we are constrained to respond to certain aspects of the report for the benefit of our stakeholders and the general public.
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