On 1 July 2014, Nigeria's Pension Reform Act was signed into law. The key aspects of the law include:

• Increased employer pension contributions from 7.5% to 10%
• Increased employee pension contributions from 7.5% to 8%
• Employers are allowed to provide both the employer and employee contributions
• Employers must provide a life insurance policy equal to a minimum of 3 times the employee's emolument…