New pension rule opens window for ‘side hustles’ savings

    Modestus Anaesoronye | Editor’s picks | Oct 21, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
3054
times

Nigerians in both formal and informal sectors of the economy can now make pension savings from their ‘side hustles’ through a new window allowed by the National Pension Commission (PenCom).

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Economy
Households face renewed cost-of-living squeeze
Nigeria's households are cutting spending again as inflation pressure returns, with soaring food, rental, and transportation costs driving the squeeze.
Josephine Okojie-Okeiyi and Njideka Onuh | Jun 22, 2026
Companies
Nigeria's listed firms face capital risks amid growing ESG divide
As global investors increasingly scrutinise environmental, social, and governance (ESG) performance, a clear divide is emerging among Nigeria’s largest listed companies.
Temi Bamgbose and Chinwe Michael | Jun 19, 2026
Politics
Rising insecurity casts shadow over 2027 elections
With less than seven months to Nigeria's 2027 general elections, a multi-layer security crisis is rapidly escalating across the country and is emerging as one of the biggest threats to the polls, placing enormous pressure on security agencies and the Inde
Saawua Terzungwe | Jun 18, 2026
Economy
How Central Bank won global recognition while fighting inflation
When the Central Bank of Nigeria (CBN) was named Central Bank of the Year at the 2026 Central Banking Awards in London, the recognition reflected more than an institutional achievement.
Hope Moses-Ashike | Jun 17, 2026
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad