12

Nov

Planning for Retirement Income: Smart Investment Strategies for Nigerians

When planning for retirement income, it is essential to adopt appropriate investment strategies that align with one’s long-term financial goals and the realities of the local economic environment. In Nigeria, where inflation, currency fluctuations, and evolving market conditions play a significant role, choosing the right mix of investments can greatly influence financial stability during retirement. Understanding the […]

04

Dec

PENCOM permits low income earners to withdraw total retirement savings.

The revised regulation on the administration of retirement and terminal benefits by the National Pension Commission (PENCOM) has allowed low income earners to withdraw total retirement savings. According PENCOM, low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the approval of the Minimum Pension Guarantee.[…]