A Short Story About Nigerian Pensions

What does the future hold for the Nigerian pension industry?

Quick trip down memory lane

Pensions administration in Nigeria dates back to pre-independence when the British Colonial Government created a superannuation (pension) scheme for African staff in 1946. The legal structure for this scheme, called the Pensions Ordinance, was enacted in 1951 with retroactive implementation to 1946. With a legal structure in p…

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