Business

Enugu State Begins Verification of Civil Servants, Pensioners and Next-of-Kin

Published

6 months ago

May 11, 2026

The Enugu State Government has announced the commencement of a statewide verification exercise targeting newly employed civil servants, pensioners, retirees, and next-of-kin who were unable to participate in previous documentation processes.

In a statement signed by the Secretary to the State Government, Prof. Chidiebere Onyia, the government said the exercise is designed to strengthen transparency, improve record accuracy, and ensure the prompt and orderly payment of legitimate entitlements.

According to the statement, the verification will cover four key categories: new employee verification, pension verification, gratuity verification, and verification of next-of-kin of deceased retirees eligible for benefits.

The exercise is scheduled to begin on Monday, May 18, 2026, at the Local Government Staff Pension Board in Enugu, with daily activities expected to commence at 8:00 a.m.

Pensioners and retirees undergoing gratuity verification will be attended to between May 18 and May 22, while newly employed civil servants will undergo verification from May 25 to May 29.

The government stated that eligible participants include newly recruited civil servants, pensioners who missed earlier exercises, retirees awaiting gratuity payments, and next-of-kin of deceased retirees entitled to benefits.

Participants are required to present relevant documentation, including retirement notices, pension identification, BVN, NIN, bank statements, and, where applicable, death certificates and letters of administration. Newly employed staff must also present appointment letters, academic qualifications, BVN, NIN, and other supporting credentials.

The government emphasized that all participants must appear in person, warning that double registration or attempts at multiple verification would be treated as fraud and may lead to sanctions, including forfeiture of entitlements.

It further clarified that only individuals who missed previous verification exercises are expected to attend, noting that those who have already completed verification and received full payments are exempt.

Beneficiaries who have received partial payments were directed to declare all prior transactions and provide evidence during the exercise, while all participants were urged to ensure their bank details are correct and active.

For enquiries, the state government provided a helpline (0916-810-1470) and email contact (enuguverify@gmail.com) for support and clarification.

Reaffirming its commitment to accountability and efficiency, the Enugu State Government said the exercise is part of ongoing efforts to ensure that all genuine beneficiaries receive their entitlements in a transparent and timely manner.

Related Topics:Begins Civil Enugu NextofKin Pensioners Servants State Verification

Up Next

Kogi Varsity Expels Two Students Over Alleged Lesbianism, Sanctions Others for Assault and Misconduct

Don't Miss

Bandits kill two, injure dozens in fresh attack on Plateau community

Click to comment

Business

OPay lists on NYSE, raises $304m in IPO at $4 billion valuation

Published

35 minutes ago

October 30, 2026

PlateauReports

OPay, a Nigeria-focused digital financial services company, has listed on the New York Stock Exchange (NYSE), raising $304 million in its initial public offering (IPO) and securing a market capitalisation of more than $4 billion.

The company began trading on Friday, pricing its offering at $19 per American Depositary Share (ADS). It sold 16 million ADSs, with each representing 10 ordinary shares.

According to the company, the United States Securities and Exchange Commission declared its registration statement effective on 29 October, and the offering was expected to close on 2 November.

Lars Boilesen, OPay’s co-chief executive officer, said the listing marked a significant milestone for the company and Nigeria’s financial technology sector.

“Today, OPay serves over 50 million monthly active users across Nigeria, Egypt, Pakistan, and Indonesia. Since launching in Nigeria eight years ago, we have pioneered seamless digital payments to become the country’s leading digital financial platform,” he said.

Mr Boilesen said the company had recorded a 9.9 per cent market share across Africa and the Middle East based on monthly average users in the first half of 2026.

He said OPay saw further growth opportunities in Nigeria, where an estimated 40 million adults remained outside the formal financial system.

“Our journey is just beginning. In Nigeria, an estimated 40 million adults remain outside the formal financial system,” he said.

He added that the company intended to apply its experience in Nigeria to other emerging markets, where young populations and increasing mobile internet access were expanding demand for digital financial services.

Stephen Wen, another co-chief executive officer of OPay, said the company was positioned to expand across emerging markets, citing growing smartphone penetration and demand for accessible financial services.

“In Nigeria, more than 60 per cent of the population are underserved by traditional banks and rely on cash. As we grow, we will stay focused on solving our customers’ pain points to make financial services accessible and convenient,” he said.

James Perry, OPay’s chief financial officer, said the company had reached a $1 billion revenue run rate in the second quarter of 2026.

He said OPay recorded 137 per cent year-on-year growth and a 19 per cent net margin in the first six months of the year.

ALSO READ: How OPay is taking financial inclusion closer to more Nigerians

“OPay enters the public markets from a position of financial strength, reaching a $1 billion revenue run rate in Q2 2026. For the first six months of 2026, we grew 137% year-on-year and reached 19% net margin,” Mr Perry said.

He said the company planned to use the IPO proceeds to invest in technology and support growth in Nigeria and other African markets.

OPay has expanded beyond payments into savings, credit and merchant services, with plans to develop a broader financial and lifestyle platform.

Launched in Nigeria in 2018, OPay operates an integrated digital financial platform serving users in Nigeria, Egypt, Pakistan and Indonesia.

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Business

NIA Chairman Engages Technical Committee Leadership, Calls for Proactive Industry Advocacy

Published

9 hours ago

October 30, 2026

PlateauReports

PRESS RELEASE—The Chairman of the Nigerian Insurers Association (NIA), Mrs. Ebelechukwu Nwachukwu, has charged the Association’s Technical Committees to strengthen their contributions to industry development through proactive engagement, strategic recommendations and effective collaboration in addressing emerging challenges in the insurance sector.

Mrs. Nwachukwu gave the charge during a breakfast meeting with Chairmen and Secretaries of the Association’s Technical Committees on Tuesday, October 27, 2026.

The meeting provided an interactive platform for the NIA leadership and representatives of the Technical Committees to assess their activities, identify areas for improvement and explore strategies for enhancing their effectiveness and contributions to the growth of the Association and the Nigerian insurance industry.

Speaking at the engagement, Mrs. Nwachukwu commended the Technical Committees for their invaluable contributions to the Association’s activities and the development of the insurance industry over the years.

She, however, challenged them to demonstrate greater commitment, innovation and responsiveness in discharging their responsibilities, stressing that their expertise and recommendations remain critical to the Association’s strategic direction and industry advocacy initiatives.

According to her, the NIA Governing Council places significant expectations on the Technical Committees, particularly in providing informed recommendations that serve as the foundation for Council decisions on market conduct guidelines, regulatory policies and other critical industry matters.

The Chairman emphasised the need for the insurance industry to move beyond reactive responses to emerging issues and assume a more proactive role in shaping national economic conversations and policies.

“As insurers, we must not be reactive but proactive in driving conversations around policies and developments affecting the economy and its various sectors. As risk bearers, we have a critical role to play in providing insights and solutions that promote economic stability and resilience.

“The NIA must become stronger and more influential in advancing the collective interests of the insurance industry. To achieve this, our Technical Committees must be at the forefront of driving meaningful engagements, developing practical solutions and providing strategic recommendations that will strengthen the industry,” she stated.

Mrs. Nwachukwu further underscored the importance of collaboration, knowledge-sharing and timely responses to industry developments, urging the Committees to leverage their collective expertise to address emerging risks, regulatory challenges and opportunities for sustainable growth.

She noted that the effectiveness of the Technical Committees would significantly influence the Association’s ability to champion industry reforms, strengthen stakeholder confidence and contribute meaningfully to national economic development.

In her welcome address, the Director-General of NIA, Mrs. Bola Odukale, expressed appreciation to the leadership and members of the Technical Committees for their unwavering commitment, professional contributions and continued support to the NIA Secretariat and the insurance industry.
Mrs. Odukale reiterated the Secretariat’s commitment to strengthening its working relationship with the Committees and providing the necessary institutional support to enhance their operational effectiveness and delivery of their mandates.

The Director-General assured the Committee leadership of the Association’s readiness to facilitate greater coordination, improve communication channels and promote timely consideration of technical recommendations to ensure that their contributions translate into measurable outcomes for the industry.

The NIA Technical Committees represented at the engagement cut across major areas of insurance operations and industry administration. They include the Accident Offices Committee; Accounting Technical Committee; Claims Management Committee; Corporate Affairs Committee; Energy and Special Risks Technical Committee; Fire Offices Committee; Human Capital Management Committee; Information Technology Committee; Legal Committee; Life Offices Committee; Marine Offices Committee; Microinsurance Committee; Motor Technical Committee; Risks, Audit and Compliance Committee; Agricultural Insurance Committee; and Reinsurance Committee.

The breakfast meeting underscored the NIA leadership’s commitment to fostering stronger institutional collaboration, promoting proactive industry advocacy and repositioning the Technical Committees as strategic drivers of innovation, regulatory engagement and sustainable growth in Nigeria’s insurance industry.

The post NIA Chairman Engages Technical Committee Leadership, Calls for Proactive Industry Advocacy appeared first on Business Today NG.