State governments, private employers indicted 5.1 other accounts not properly documented The National Pension Commission has said that a total of 3.5 million retirement savings...
Pensioners received N67.42bn benefits in Q1 – PenCom Pension Fund Administrators (PFAs) in Nigeria paid N67.42 billion retirement benefits to pensioners under the Contributory...
25 defaulting employers cough out N608.55m pension remittance The National Pension Commission (PenCom) has said it recovered N608.55 million from 25 employers who deducted...
Nigeria receives over £26m repatriated pension from UK The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97 repatriated from the United...
Pension administrators trade 12,681 RSA accounts worth N47.78bn in Q1 Transfer of Retirement Savings Accounts (RSA) among Pension Fund Administrators (RSA) in Nigeria hit...
PFAs stake N8.51trn pension funds on FGN securities As pension assets rebound to surpass N12trn Appetite for federal government securities among Pension Funds Administrators (PFAs)...
Pension assets dip by N7bn Latest report by the National Pension Commission (PenCom) has shown that aggregate pension assets in Nigeria took a dive...
Lagos pays 366 retirees N1.49bn The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said Lagos State Government has paid N1.49bn to 366 retirees....
PenCom recovers N553.03m from defaulting employers The National Pension Commission (PenCom) has said it recovered N553.03 million from defaulting employers who deducted their workers monthly...
Pension: Lagos pays N1.51bn to 292 retirees The Lagos State Government (LASG) has said it paid N1.51 billion to another set of 292 pensioners in...
N8.13trn of Nigeria’s pension assets locked in FG bonds Pension Funds Administrators (PFAs) in Nigeria have sustained their age-long appetite for the less risky federal government...
Pension fund assets hit N11.57trn, rise by 11% in 1 year The aggregate value of pension fund assets in Nigeria has recorded significant gain to...
Pension schemes capture only 11% Nigerian workforce – PenOp Despite the astronomical growth recorded in the pension fund, only 11 per cent of workforce in...
Data obtained from the National Pension Commission (PenCom) has revealed that Pension Fund Administrators (PFAs) and their counterparts Pension Fund Custodians (PFCs) recorded a net profit...
The Director General of the Lagos Chambers of Commerce and Industry (LCCI), Dr. Muda Yusuf, has lamented that low yield on fixed-income securities like treasury bills at around...
In the face of the dwindling revenue and the need to cut governance cost, the Lagos State Government says it is drafting a bill that would...
President Muhammadu Buhari’s nomination of Aisha Umar as the new director general of the National Pension Commission (PenCom) as some senators at the upper legislative chamber...
As pension fund assets hits N11.09trn___________________________________ The National Pension Commission (PenCom) has recovered N17.52 billion from employers who deducted monthly pensions from their workers’ monthly salaries...
The board of AXA Mansard Insurance Plc has announced divestment from its subsidiary, AXA Mansard Pensions Limited, based on the approval of its shareholders obtained at...