18 results
- 17 Jan 2018
PTAD lauds Impact of Technology in Pension Verification
Mrs Sharon Ikeazor, Executive Secretary, Pension Transitional Arrangement Directorate (PTAD) says the deployment of technology has made pension verification seamless. Few years ago, when PTAD was…
- 7 Mar 2022
PTAD Saves N7Bn through BVN Verification of Pensionersa
Pension Transitional Arrangement Directorate (PTAD) has said that over N7 billion has been saved through the use of Bank Verification Number (BVN) in its verification of pensioners under the Defined…
- 6 Feb 2018
PTAD Verifies over 4000 Nitel/Mtel Pensioners in Abuja
Pension Transitional Arrangement Directorate(PTAD) has commenced the first and second phases of verification for pensioners of the Nigerian Telecommunications Limited (NiTEL) and its mobile…
- 10 Dec 2017
Stakeholders Identify Fraud Risks Among PTADs, Merchants
Stakeholders in the Point of Sale terminal (PoS) payment ecosystem have decried absence of governance principle among some Payment Terminal Application Developers (PTADs) and merchants as responsible…
- 9 Jan 2020
NITEL, MTEL Pensioners Get N842m from PTAD
The Pension Transitional Arrangement Directorate (PTAD) has paid one-month pension arrears of N842.8 million to pensioners of the defunct NITEL/Mtel in December, 2019. Dr. Chioma Ejikeme, executive…
- 5 Aug 2014
PTAD Boss Decries Absence of Credible Database on Parastatal Pensions
Mrs. Nellie Mayshak, director general, Pension Transitional Arrangement Directorate, said yesterday that the absence of credible database has been hampering the activities of her agency. Mayshak…
- 3 Jul 2026
FG Clears N39Bn Pension Arrears for NITEL, PHCN, Other Retirees
Federal Government has cleared nearly N39 billion in outstanding pension liabilities owed to retirees under the Defined Benefit Scheme (DBS), including former employees of the defunct Nigerian…
- 8 Feb 2019
Pension Fund Assets Hit N8.6trn – Dahir-Umar
The National Pension Commission (PenCom) says total pension fund assets have grown to N8.63 trillion as at December 2018. Ms Aisha Dahir-Umar, its Acting Director-General, disclosed this at the…
- 19 Jul 2017
Verve International Partners 13 Banks, Mobile Money Operators
Verve International has announced its strategic partnership with Nigerian banks and Mobile Money Operators to deploy Cardless transaction infrastructure across all states in the country. Known as…
- 6 Jul 2017
NIMC Ready to Provide ID Verification Services to Insurance, Pension Sectors
National Identity Management Commission, (NIMC) said all is now set to deploy NIMC Verification Service (NVS) to the Insurance and Pension sector, following the successful implementation and adoption…
- 18 Jan 2018
Former Workers of NITEL, M-Tel for Pension Payment
Retirees of the defunct Nigerian Telecommunications Limited (NITEL) and Mobile Telecommunications Limited (M-Tel), will soon receive their pension entitlement. This is coming on the heels of…
- 21 Mar 2016
Interswitch Emerges Most Efficient Payment Processor in Nigeria
Interswitch Limited, Africa’s leading digital payments and commerce provider has emerged as a multiple award winner at the maiden edition of the Electronic Payment Incentive Scheme (EPIS) Awards…
- 11 Mar 2014
N24Bn Police Pensions Fund Develops Wings
Another huge sum of gone is missing again and this time; there is no documentary evidence on the whereabouts of the N24 billion released from Service Wide Vote in 2010 for Police Pensions Fund. Mrs.…
- 12 Sept 2013
President Jonathan Scraps Police Pension Office
Federal government has scrapped the Civil Service Pension Department, the Police Pension Office and the Customs, Immigration and Prisons Pension Office (CIPPO). President Goodluck Jonathan has…
- 2 Nov 2023
Defunct NITEL/Mtel Pensioners Cry Out over 3 Years’ Arrears
Pensioners of the defunct NITEL/MTEL have cried out to President Bola Ahmed Tinubu to intervene in the non-payment of their 36 months pension arrears. Mr Kunle Ojo, spokesperson of the group, who…
- 24 Apr 2024
FG Recovers N57Bn Debt from 10 MDAs
Federal government has announced the recovery of N57 billion from the N5.2 trillion liaibilities owed the Federal Inland Revenue Service (FIRS) and other bodies by Ministries, Departments and…
- 13 Sept 2017
Innovation Summit to Address Gaps in Payment System
A summit on Point of Sales (PoS) terminal transactions in the country has been scheduled to hold in Lagos on the 29th September 2017. The program which is an intervention to address the gaps…
- 26 Jun 2013
FG Closes 36 Accounts Used to Siphon Pension Funds
The federal government has closed 36 bank accounts being used for the payment of pensions to its retirees following discoveries that they were being used to siphon funds meant for genuine pensioners.…