Wednesday, March 4, 2026
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Business

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ICT

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Insurance

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Insurance

SanlamAllianz Nigeria Pays over ₦77bn in 2025 Claims, Reinforces Financial Strength, Customer Trust

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AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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PTAD Pays N846.1m Accrued Arrears, Gratuity to 2,730 Pensioners

The Pension Transitional Arrangement Directorate (PTAD) has paid the sum of N846,146,987.71(Eight Hundred and Forty-Six Million, One Hundred and Forty-Six Thousand, Nine Hindered and Eighty-Seven Naira, Seventy-One Kobo) to 2,730 pensioners of the Civil service Pension Department of an accrued arrears and gratuity owned the pensioners.

The arrears paid to these retirees ranged from previously verified pensioners not on the payroll, those who did not receive their gratuity on retirement and failed payments on the GIFMIS platform.

In his remark, the Ag. Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Mr. Sulayman Shelleng, said the payment is going to be continued until all accrued arrears are paid. He assured other pensioners who are yet to receive their arrears to be calm as the Directorate is working tirelessly to ensure that all outstanding arrears of pensions and gratuity are paid soon.

He further assured DBS pensioners of the Directorate’s continued strive to ensure that their welfare is promoted.

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Mohammed Kari: Berthing Leadership & Technical Expertise in NAICOM

President Muhammadu Buhari recently approved the appointment of Alhaji Mohammed Kari as the new Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM). His appointment was conveyed vide a letter signed by the Head of the Civil Service of the Federation, Danladi Kifasi. He succeeds Mr. Fola Daniel whose second and final tenure as Commissioner for Insurance lapsed on Friday, July 31, 2015.
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