Pension payment hits N1.1tn in Q2 2024

A total of 129,435 pensioners received N1.1tn in lump-sum payments under life annuity in the second quarter of 2024, marking a significant milestone in Nigeria’s pension industry. This was disclosed by the Chief Executive Officer of the Pension Fund Operators Association of Nigeria, Oguche Agudah, in a presentation during the annual conference of the Pension

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