General
Stanbic IBTC Pensions Harps on Benefits of Data Recapture Exercise
In order to enhance seamless operations and improve customers’ experience, Stanbic IBTC Pensions Managers Limited has enjoined employers to ensure that their employees participate in the on-going Data Recapture Exercise being undertaken for the company’s enrollees.
Speaking at the Stanbic IBTC Pension Employers’ Forum held recently in Abuja, Mr Eric Fajemisin, Chief Executive, Stanbic IBTC Pension Managers Limited (SIPML), urged employees to always update their information with their Pension Fund Administrators to facilitate easy access to their retirement benefits.
Mr Fajemisin stressed that organisations should encourage their employees to leverage the Enhanced Contributor Registration System, newly deployed by the National Pension Commission, to ensure that their data was up to date.
The Data Recapture Exercise was introduced to enable Pension Fund Administrators obtain complete and accurate data of all Retirement Savings Account holders (both active and retired), in line with the provisions of Section 23 (e) of the Pension Reform Act 2014.
The 2019 edition of the Stanbic IBTC Employers’ Forum had earlier held in Lagos and Port Harcourt on October 29 and November 7 respectively.
In Lagos, Mr Fajemisin, who was represented by the Executive Director, Business Development Directorate, SIPML, Mrs Nike Bajomo, stressed that the importance of data cannot be overemphasised in the pension industry as data is currently being used to sanitize the industry.
He said: “If there was a golden thread that ties discussions in the pensions industry today, it is integrity. It is at the heart of the most of the changes that are taking place in the industry and its importance cannot be overemphasised.”
He however, lamented that some workers take part in the Data Recapture Exercise only when they are close to retirement, or after they have retired, thereby making the process a bit cumbersome for them.
“The Data Recapture Exercise has been a reoccurring decimal in many of the conversations that we have had this year. We are glad that some organisations had been successfully on-boarded to the Enhanced Contribution Registration System”, Mr Fajemisin added.
He stated that the pensions industry in Nigeria is being digitised to enable customers enjoy seamless services through various digital platform. Speaking in the same vein, the Acting Director General, National Pension Commission (PenCom), Hajia Aisha Dahir-Umar, stressed that the Data Recapture Exercise is very critical because it speaks to the integrity of the pension industry.
Dahir-Umar, who was represented by the Deputy Zonal Head, PenCom, South-West Zonal Office, Mr. Sola Adeseun, added that the commission intends to use the data recapture exercise to effectively sanitize the pensions industry.
According to her, “After this industry sanitization is done, we will ensure that the Transfer Credit System, otherwise known as the transfer window, where RSA holders can easily change their PFAs, would become operational in the first quarter of 2020.”
Since it was introduced, membership of the Contributory Pension Scheme (CPS) had grown from 6.9 million subscribers in June 2014 to 8.85 million subscribers as of September 2019.
Stanbic IBTC Employers’ Forum is an interactive forum where challenges and trends in the industry are brought to the front burner. It is also a platform to explore possible ways, options and opportunities to strengthen the Nigerian pension industry.
General
Nigeria Confirms US Airstrikes On ISWAP Targets in Sokoto
By Adedapo Adesanya
Nigeria’s Ministry of Foreign Affairs has confirmed that the latest United States airstrikes on Islamic State West African Province (ISWAP) targets in northwest Nigeria were conducted at the request of the Nigerian government.
According to reports, the US struck at ISWAP targets in Jabo, Sokoto State, on Christmas night.
The ministry described the operation as a product of established counterterrorism cooperation between both countries.
In a press statement issued on Friday, the Ministry said the strikes were “undertaken following formal engagement and with the full knowledge and coordination of the Government of the Federal Republic of Nigeria.”
“The Government of Nigeria wishes to clarify that the airstrikes conducted by the United States against Islamic State elements in parts of northwest Nigeria were carried out at the request of Nigerian authorities and in line with existing bilateral security cooperation frameworks,” the statement said.
The Ministry stressed that Nigeria “remains firmly in control of all counterterrorism operations within its sovereign territory,” adding that international partners only provide support “where such assistance aligns with Nigeria’s national security objectives.”
According to the statement, the strikes form part of Nigeria’s broader strategy to “degrade terrorist capabilities, disrupt logistics networks, and protect civilian populations from violent extremist threats.”
The Foreign Ministry further emphasised that the federal government “will continue to work with trusted international partners to confront terrorism, banditry, and transnational criminal networks that threaten national and regional stability.”
Reacting to concerns around sovereignty, the Ministry said:
“At no time was Nigeria’s sovereignty compromised. All actions were conducted with due respect for Nigeria’s laws, institutions, and command structures.”
The statement also cautioned against mischaracterising Nigeria’s security challenges, noting that extremist violence “has affected communities across religious and ethnic lines and should not be framed in sectarian terms.”
Nigeria reaffirmed its commitment to a multi-layered response combining military operations, intelligence sharing, community engagement, and socio-economic interventions, adding that counterterrorism efforts remain focused on protecting lives and restoring stability.
The US Africa Command (AFRICOM) said the strikes were carried out in Sokoto State and that multiple militants were killed.
US President Donald Trump described the strikes as “powerful and deadly,” saying they were directed at Islamic State militants responsible for violent attacks on Christians in Nigeria.
The Nigerian government has clearly denied that only Christians are affected by the killings, saying the terror spread across all faiths.
Meanwhile, US Defence Secretary Pete Hegseth has warned that “more to come” as part of sustained efforts against extremist groups.
General
US Strikes Terrorists in Sokoto on Trump’s Directive (VIDEO)
By Aduragbemi Omiyale
The United States government gave some terrorists in Nigeria a Christmas gift that sent many of them to the great beyond.
On Thursday, December 25, 2025, the United States President, Mr Donald Trump, directed his country’s military to launch air strikes on camps of members of the dreaded Islamic State in Iraq and Syria (ISIS) in Sokoto State.
According to Mr Trump, the military action, which he threatened to carry out a few weeks ago if the Nigerian government does not stop the killing of Christians in the country, occurred on Thursday night.
“Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who have been targeting and viciously killing, primarily, innocent Christians, at levels not seen for many years, and even Centuries!
“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was.
“The Department of War executed numerous perfect strikes, as only the United States is capable of doing.
“Under my leadership, our country will not allow radical islamic terrorism to prosper. May God bless our military, and Merry Christmas to all, including the dead terrorists, of which there will be many more if their slaughter of Christians continues,” Mr Trump wrote on his Truth Social platform.
In a video on X, formerly known as Twitter, the Department of War of the United States posted the below video of the air strikes;
https://twitter.com/DeptofWar/status/2004351717131903272
General
Gbajabiamila Remains President Tinubu’s Chief of Staff—Presidency
By Modupe Gbadeyanka
The presidency has reacted to speculations that Mr Femi Gbajabiamila has been removed as the Chief of Staff to President Bola Tinubu.
It was alleged that Mr Gbajabiamila has been replaced with the President’s Principal Private Secretary, Mr Hakeem Muri-Okunola.
Mr Muri-Okunola went to Abuja to take up this role after leaving as the Head of Service of the Lagos State Civil Service.
Reacting to the reports on social media on the purported removal of Mr Gbajabiamila, a former Speaker of the House of Representatives, the presidency said no such change has been made.
In a statement signed on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, members of the public were advised to disregard the report as “there is absolutely no truth to this story.”
“The Chief of Staff remains in his position. The Principal Private Secretary likewise remains in his role. Hakeem Muri-Okunola has not replaced Femi Gbajabiamila as Chief of Staff.
“The viral claim is a fabrication by mischievous purveyors of fake news whose sole aim is to create disharmony within the government.
“We reiterate that news media should always verify their information before publishing or sharing on social media,” the statement said.
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