Spotlight on Financial Security: Nominees for Best Pension Fund Administrator at Niger Delta Advancement Awards 8.0

 


Port Harcourt, Rivers State — The Niger Delta Advancement Awards (NDAA) 8.0 continues to honor excellence and innovation across the nine Niger Delta states: Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Rivers. This prestigious event, powered by Juvenis Magazine/TV, recognizes outstanding contributions in governance, business, media, and financial services that drive regional progress and economic empowerment.

The grand finale is scheduled for Sunday, February 8, 2026, at The Arena Event Center in Port Harcourt, featuring 56 categories and over 840 nominees for exceptional performances in 2025. Alexa News Network Limited (Alexa.ng), an independent digital news platform committed to credible journalism and regional advocacy, proudly serves as an official media partner, amplifying stories of growth and accountability in the Niger Delta.

A key category this year is Best Pension Fund Administrator, highlighting Pension Fund Administrators (PFAs) with strong presence, performance, and service delivery in the Niger Delta region. Nominees are ranked by their coverage across the nine states, reflecting reach, contributor base, assets under management (AUM), returns, and commitment to securing retirement futures amid Nigeria's evolving pension landscape. These PFAs play a vital role in financial inclusion, economic stability, and long-term wealth creation for workers in the oil-rich region.

Here are detailed profiles of the 15 nominees:

1. Premium Pension Ltd. (9 States)

Premium Pension Limited stands as a leading PFA with nationwide operations, including full coverage in all nine Niger Delta states. Established as a top-tier administrator, it has consistently grown its AUM, surpassing ₦1.344 trillion by the end of 2024 with an 18.58% increase. Known for strong governance, transparency, and impressive returns, Premium Pension excels in investment strategy, financial discipline, and contributor trust. Its performance in 2025, including revenue growth and high ROI, positions it as a benchmark for stability and excellence in pension management.

2. First Guarantee Pensions Ltd. (8 States)

First Guarantee Pension Limited (FGPL), incorporated in 2004 and licensed under the Pension Reform Act, provides comprehensive retirement planning, investment management, and micro-pension services. With a strong presence in eight Niger Delta states, it operates from Lagos with nationwide branches. FGPL focuses on value-added services, including retirement advisory and efficient fund administration, serving a dedicated contributor base with reliability and innovation.

3. IEI-Anchor Pension Managers Ltd. (now Norrenberger Pensions Ltd.) (8 States)

Originally IEI-Anchor Pension Managers Limited, this PFA was rebranded to Norrenberger Pensions Limited following a 2022 acquisition and PENCOM approval. Headquartered in Abuja with operations in eight Niger Delta states, it offers excellent pension management solutions focused on profitability, retirement advisory, and secure savings. Norrenberger emphasizes adroit asset strategies and stakeholder growth, ensuring contributors retire comfortably.

4. Stanbic IBTC Pension Managers Ltd. (8 States)

As Nigeria's market-leading PFA, Stanbic IBTC Pension Managers oversees over ₦4 trillion in AUM (with industry totals exceeding ₦25 trillion in 2025) and serves more than 2 million clients nationwide, including strong coverage in eight Niger Delta states. It delivers above-average returns across RSA funds (e.g., RSA Fund V at 19.44% in 2024), monthly payouts exceeding ₦4.87 billion to retirees, and value-added services like financial planning tools. Backed by reputable institutions, it sets the standard for efficiency, safety, and trust.

5. APT Pension Fund Managers Ltd. (now Tangerine APT Pensions) (7 States)

Formed from the merger of APT Pension Funds Managers and Tangerine Pensions, Tangerine APT Pensions operates from Abuja with presence in seven Niger Delta states. As a leading PFA and asset manager, it prioritizes excellent returns, innovation, and stakeholder devotion. The company ensures secure, rewarding retirement benefits through matchless services and a broad national footprint.

6. Sigma Pensions Ltd. (6 States)

Founded in 2004 and headquartered in Abuja, Sigma Pensions is a Tier One PFA with over 750,000 contributors and AUM around ₦500 billion. It provides pan-Nigerian services, including in six Niger Delta states, focusing on retirement savings accounts, fund management, and voluntary savings. Sigma emphasizes long-term value creation and contributor satisfaction across private, federal, and state sectors.

7. Fidelity Pension Managers Ltd. (5 States)

Fidelity Pension Managers Ltd. delivers professional pension administration with coverage in five Niger Delta states. It focuses on transparent fund management, competitive returns, and efficient retirement benefits processing, supporting contributors with reliable service and compliance to PENCOM standards.

8. FCMB Pensions Ltd. (4 States)

FCMB Pensions Ltd. offers robust pension solutions in four Niger Delta states, known for strong performance in RSA funds and consistent growth. It provides secure investment options and advisory services, contributing to financial security for workers in the region.

9. Trustfund Pensions Plc (4 States)

Trustfund Pensions Plc specializes in retirement planning and fund management across four Niger Delta states. It stands out for high returns in certain RSA categories and a commitment to transparency, serving contributors with dependable pension administration.

10. Leadway Pensure PFA Ltd. (3 States)

Leadway Pensure PFA Ltd. provides focused pension services in three Niger Delta states, emphasizing secure savings, investment diversification, and retiree support through efficient administration.

11. Radix Pension Fund Managers Ltd. (2 States)

Radix Pension Fund Managers Ltd. operates in two Niger Delta states, delivering specialized pension fund management with a focus on compliance, returns, and contributor welfare.

12. OAK Pensions Ltd. (2 States)

OAK Pensions Ltd. offers pension administration in two Niger Delta states, known for consistent performance and dedication to retirement security.

13. ARM Pension Managers Ltd. (1 State)

ARM Pension Managers Ltd. provides tailored pension solutions in one Niger Delta state, backed by strong asset management expertise and reliable returns.

14. AIICO Pension Managers Ltd. (1 State)

AIICO Pension Managers Ltd. focuses on retirement benefits in one Niger Delta state, offering secure and transparent pension fund handling.

15. Crusader Sterling Pensions Ltd. (1 State)

Crusader Sterling Pensions Ltd. delivers high-performing pension services in one Niger Delta state, recognized for top returns across RSA funds and retiree-focused administration.

These nominees represent the strength of Nigeria's pension industry in the Niger Delta, promoting financial inclusion and long-term security. Public voting is ongoing via the official NDAA platform.

The Best Pension Fund Administrator winner will be announced at the February 8, 2026, ceremony. Alexa News Network Limited (Alexa.ng) will provide extensive coverage to celebrate these achievements and inspire continued excellence in financial services.

Jokpeme Joseph Omode

Jokpeme Joseph Omode is the founder and editor-in-chief of Alexa News Network (Alexa.ng), where he leads with vision, integrity, and a passion for impactful storytelling. With years of experience in journalism and media leadership, Joseph has positioned Alexa News Nigeria as a trusted platform for credible and timely reporting. He oversees the editorial strategy, guiding a dynamic team of reporters and content creators to deliver stories that inform, empower, and inspire. His leadership emphasizes accuracy, fairness, and innovation, ensuring that the platform thrives in today’s fast-changing digital landscape. Under his direction, Alexa News Network has become a strong voice on governance, education, youth empowerment, entrepreneurship, and sustainable development. Joseph is deeply committed to using journalism as a tool for accountability and progress, while also mentoring young journalists and nurturing new talent. Through his work, he continues to strengthen public trust and amplify voices that shape a better future. Joseph Omode is a multifaceted professional with over a decade years of diverse experience spanning media, brand strategy and development.

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