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NATIONAL PENSION COMMISSION (PENCOM)
FG has released N13.89 billion for the payment of accrued pension rights for employees of Ministries, Departments, and Agencies (MDAs) who retired in 2022
PenCom has approved a monthly pension increase for retirees on programmed withdrawal under the contributory pension scheme
Investments in federal government securities increased by N184.47 billion in Q3 2022 to stand at N9.19 trillion as of the end of September 2022
Assets under management for the industry as a whole was at N14.43 trillion as of 31 August, 72.94% of which was invested in various fixed-income securities.
It is better to have your money in a government-regulated and overseen entity than to have it with privately organized 'Esusu' organizations.
Stanbic IBTC appears to have a reputation of transparency and integrity, as well as a perception of being technologically savvy.
16 members have been recently inaugurated to the National Pension Commission (PENCOM) board.
The National Pension Commission (PenCom) has dissolved the interim management committee of First Guarantee Pension Limited.
PenCom has disclosed that the worth of pension assets has increased from N7.44 trillion in January 2019 to N9.33 trillion as at the end of June 2019.
The latest report released by the National Pension Commission (PenCom) shows that Nigeria's Pension Fund assets in June 2019 hit N9.32 trillion. There was an increase of N294.9 billion within the space of three months
Pension fund assets in Nigeria increased by N186.43 billion in the first quarter of 2019 to push the total pension assets to N9.03 trillion. This is according to the latest report released by PenCom [@PensionNigeria]
The latest pension statistics have shown that the Nigerian Pension Fund asset crossed the 9 trillion mark in the first quarter of 2019, a feat that analysts have largely attributed to the growing awareness campaigns which have influenced the willingness of Nigerians to take their retirement plan seriously.