Pencom

PenCom Unveils Board To Regulate Interest-free Pensions

The National Pension Commission (PenCom) has established the Pension Industry Non-Interest Advisory Committee to improve transparency, security and compliance with non-interest pension products. Director-General of PenCom, Omolara Oloworaran, stated at the inauguration

Victor Ezeja

March 4, 2025

Business·News

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

the Nigerian Exchange Limited (NGX) has unveiled its collaborative initiative with the National Pension Commission (PenCom) to solidify the NGX Pension Broad Index (NGXPENBRD).

Emmanuel Ochayi

January 5, 2024

Business·News

PenCom Pushes Micro Pension Plan For Informal Sector As Awareness Grows

Nigeria’s Pension Commission (PenCom) has highlighted the need to adopt the Micro Pension Plan (MPP) as a way of boosting retirement security for the often overlooked informal sector. Dauda Ahmed, Head of

Emmanuel Ochayi

November 13, 2023

Nigeria’s Pension Fund Assets Surge To N17.658trn In October 2023

AMA News

PenCom Recovers N25.13bn Unremitted Pension From Defaulting Employers

National Pension Commission (PenCom) announced on Wednesday that it has recovered N25.13 billion from defaulting employers, with N12.80 billion representing principal contributions and an additional N12.33 billion in penalties for delayed payments.

Emmanuel Ochayi

October 25, 2023

Business

PenCom Defends DG, Dahir-Umar, Amid Millions Of Dollars In Estacode Allegation

The National Pension Commission (PenCom) has absolved its director general (DG), Aisha Dahir-Umar, of financial impropriety made against her. PenCom said its attention was drawn to some reports alleging that Dahir-Umar was

Fakoyejo Olalekan

July 31, 2023

Business

PenCom Recovers N384.28 million Pension Contributions, Fines 34 Defaulting Employers

The National Pension Commission (PenCom) recovered N384.28 million pension contributions owed workers from 34 defaulting employers. According to the Director-General of PenCom, Aisha Dahir-Umar, the companies were fined N191.22 million for not

Fakoyejo Olalekan

May 19, 2023

Business

Nigeria’s Total Pension Fund Up By N1.68 trillion, Gov’t Securities Take Large Chunk

The total pension fund assets increased by 12.28 per cent according to the National Pension Commission (PenCom). This represents N1.68 trillion in monetary form. According to unaudited data obtained from the National

Fakoyejo Olalekan

April 11, 2023

Business

PenCom Hits 25 Firms With N666.03m Fine Over Pension Default

The National Pension Commission (PenCom) penalised 25 employers for defaulting on pension remittance, the commission disclosed in its fourth quarter report for 2022. Prime Business Africa gathered that the defaulting firms paid

Fakoyejo Olalekan

March 6, 2023

Finance & Economy·Personal Finance

Pension Funds In Nigeria Set To Hit N14.8 trillion In 2023 – Expert

Despite the biting hardship in the country, managers of pension funds in Nigeria say the total could increase to as much as N14.8 trillion. Managing director/CEO of First Pension Custodian, Mr. Oloruntimilehin

Victor Ezeja

January 4, 2023

Business

PFAs’ Investment In Treasury Bills Falls, Real Estate Suffers As Pension Assets Hit N14.42trn

The pension industry’s total investment in federal government treasury bills and other securities rose to N9.19 trillion at the end of September 2022, the National Pension Commission (PENCOM) reveals in its Q3

Fakoyejo Olalekan

November 4, 2022

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PenCom Unveils Board To Regulate Interest-free Pensions

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

PenCom Pushes Micro Pension Plan For Informal Sector As Awareness Grows

PenCom Recovers N25.13bn Unremitted Pension From Defaulting Employers

PenCom Defends DG, Dahir-Umar, Amid Millions Of Dollars In Estacode Allegation

PenCom Recovers N384.28 million Pension Contributions, Fines 34 Defaulting Employers

Nigeria’s Total Pension Fund Up By N1.68 trillion, Gov’t Securities Take Large Chunk

PenCom Hits 25 Firms With N666.03m Fine Over Pension Default

Pension Funds In Nigeria Set To Hit N14.8 trillion In 2023 – Expert

PFAs’ Investment In Treasury Bills Falls, Real Estate Suffers As Pension Assets Hit N14.42trn

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