PTAD Pays N55.9bn, Clears Bulk of Pension Arrears
PTAD disburses N55.9 billion to clear major pension arrears under the Defined Benefits Scheme, marking a key step in Nigeria's pension reform. Read the full breakdown.
PTAD disburses N55.9 billion to clear major pension arrears under the Defined Benefits Scheme, marking a key step in Nigeria's pension reform. Read the full breakdown.
The National Judicial Council clarifies that the Federal Judicial Service Commission handled the initial screening of 62 judge applicants. It denies reports of a failed 'integrity test' and vows to probe the source of misinformation. Read the full details
Oyo State government discloses the N30bn Federal aid for the 2024 Bodija explosion remains untouched. It also reveals the FG is withholding a N20bn balance. Full details inside.
Governor Sheriff Oborevwori resolves a decade-long pension crisis in Delta State, clearing over N50bn in arrears for more than 11,800 local council retirees through strategic loans and sensitization.
Retirees of defunct Nigerian Airways met with PTAD in Abuja, seeking inclusion on the federal pension payroll. PTAD's Tolulope Odunaiya acknowledged their plight but cited legal constraints. Read more on their decades-long struggle.
PenCom DG Omolola Oloworaran reveals the N758bn pension bond has been cashed, with over N600bn released to beneficiaries. Pension assets now stand at N27 trillion.
The Federal Government has reopened the 47 Unity Colleges shut in November over insecurity. The Ministry of Education assures safety measures are in place. Read more.
The Federal Government has ordered the immediate reopening of 47 unity schools previously closed due to insecurity. Students have returned safely as academic activities resume nationwide.
Nigeria's PenCom has disbursed N577.26 billion to over 1.05 million Retirement Savings Accounts, clearing major pension arrears. Read how this impacts retirees and the pension system.
French parliament approves social security budget, suspending the unpopular pension age hike. Prime Minister Lecornu races to finalise the 2026 spending plan. Read the full details.
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
An 88-year-old US Army veteran forced to work at a grocery store after his pension vanished receives a life-changing $1.77 million from generous internet donors. Read the heartwarming story.
Nigeria's Supreme Court has called on the federal government to implement its judgment granting financial autonomy to 774 local governments. The court dismissed Osun state's suit. Full details inside.
Federal pensioners in Nigeria plan a dramatic nationwide n@ked protest on December 8 to demand payment of N32,000 increment and N25,000 palliative arrears. Read their urgent plea.
Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.
Federal pensioners in Nigeria plan a nationwide naked protest on December 8 to demand payment of N32,000 increment and N25,000 palliative arrears approved in 2023. Read details.
The Federal Government has proposed a 40% salary increase for university lecturers as ASUU's ultimatum expires. Will this avert a nationwide strike?
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
Katsina State Government announces plans to pay over N20 billion in gratuity arrears to retired workers. New pension reform law ensures timely payments for future retirees. Read more.
Nigerian civil servants demand amendment to pension scheme for full lump sum payments to retirees battling economic hardship. Union calls for urgent reforms.
Federal workers celebrate as gratuity payments resume in January 2026 after a decade-long halt. The ASCSN also pushes for pension reforms and opposes Unity Schools' privatization.
A 56-year-old Italian man concealed his mother's body for three years while impersonating her to collect her pension, pocketing €55,000 annually. Read this shocking true crime story.
Federal Government orders immediate closure of 41 Federal Unity Colleges nationwide following recent student abductions in Kebbi and Niger States. Stay informed about education security measures.
Federal Government prohibits universities from awarding honorary doctorates to serving politicians. NUC reveals some pay N50 million for these titles. Read the full story.
Federal Government asks court to impose death penalty on IPOB leader Nnamdi Kanu following terrorism conviction. Sentencing expected today by 4:50pm.
US unemployment rate increased to 4.4% in September despite adding 119,000 jobs. Delayed government report reveals mixed economic signals amid Federal Reserve policy decisions.
Federal Government and NACA unveil $800,000 oxygen infrastructure in Cross River health facilities, enhancing emergency care services across the state. Discover how this investment transforms healthcare delivery.
PENGASSAN raises alarm as oil and gas retirees face hardship with stagnant pensions eroded by inflation. Union demands urgent review from PenCom and major oil companies.
The demolition of multi-billion-naira shops at Lagos Trade Fair Complex raises critical questions about governance, transparency, and economic waste in Nigeria. Discover the full story and its implications for investors.
Nigerian health workers vow to continue indefinite strike until Federal Government reviews CONHESS salary structure. Unions demand equal treatment with doctors.