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Showing posts with the label 2026

How to Check Your Pension Balance in Nigeria (The RSA PIN Trick)

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  How to Check Your Pension Balance in Nigeria (The RSA PIN Trick) Ask a few Nigerian workers when they last checked their pension balance, and the answers are usually the same: "Never," "A long time ago," or "How do I even do that?" Analysts at PenOp have noted this pattern among contributors. That's a problem, because your pension is probably the largest pool of long-term savings you will ever build, and you should watch it as closely as you watch your bank account. The good news is that checking your balance is simple once you know the one thing that unlocks everything: your RSA PIN. This guide explains what that is, how to use it to check your balance in several ways, and what to do when the numbers don't look right. What Is an RSA PIN, and Why Does It Matter? Your Retirement Savings Account (RSA) is the account where your pension contributions are saved under Nigeria's Contributory Pension Scheme. Your RSA PIN is the unique number tied ...

World Bank's $500M Loan and Tinubu's $20.5bn Borrowing Request: What It Means for Your Wallet

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 World Bank's $500M Loan and Tinubu's $20.5bn Borrowing Request: What It Means for Your Wallet Two loan stories landed in Nigerian news within three weeks of each other. On October 6, 2026, the Finance Minister signed a $500 million loan agreement with the World Bank. Then on October 27, President Bola Tinubu wrote to the National Assembly asking for approval to borrow another $20.5 billion and about €1.05 billion. If your first reaction was "fine, but what does this have to do with me?", this article is for you. Government borrowing can feel like a number on a screen, far from your rent, your market runs and your salary. It isn't. The way Nigeria borrows, spends and repays shapes the price of food, the value of the naira, the interest you pay on a loan, and the taxes that come out of your income. I'll go through what has been announced, what the government says it will do with the money, what critics are worried about, and how all of it can reach your wallet....

IPM Completes Ten-Ward Tour of Bakassi and Brings the Conversation to a Town Hall

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  IPM Completes Ten-Ward Tour of Bakassi and Brings the Conversation to a Town Hall Political movements often talk about "reaching the grassroots," but few put in the legwork to visit every ward in a local government area before holding a major meeting. The Ideal Progressive Movement (IPM) says it has done exactly that in Bakassi. After touring all ten wards of the Local Government Area, the group brought political stakeholders, traditional rulers and community members together for a Town Hall Meeting. The aim was to keep the conversation going and make sure the people of Bakassi have a voice in it. Who Is Behind the Movement The Ideal Progressive Movement is a grassroots support group within the All Progressives Congress (APC). Its Board of Trustees is chaired by AIG Chief Enene Okon (Rtd.), and under his leadership the group has built its work around two things: mobilising people at the community level and engaging stakeholders directly. The Movement describes its appro...