Pension Fund Assets grow to N23.26 trillion as of February 2025 – PenCom
Nigeria’s pension fund assets have increased to N23.26 trillion as of February 2025, according to the latest data from the ...
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news and analysis about pencom
PenCom recovers N1.58 billion from defaulting employers, pushes for full CPS adoption across states
The National Pension Commission (PenCom) has disclosed that it successfully recovered a total of N1.58 billion from defaulting employers through ...
Nigeria’s pension fund assets hit N22.86 trillion in January 2025 – PenCom
The latest data from the National Pension Commission (PenCom) reveals that Nigeria’s pension fund assets surged to N22.86 trillion as ...
PenCom sets June 1 deadline for new pension remittance system
The National Pension Commission (PenCom) has announced June 1, 2025 as the deadline for employers to fully adopt its new ...
PenCom approves Interswitch, Awabah, 7 others as pension payment providers in Nigeria
The National Pension Commission (PenCom) has approved nine Payment Solution Service Providers (PSSPs), including Interswitch, Awabah and Pencentral, to facilitate ...
PenCom grants PFAs autonomy to approve retirement benefits, mandates two-day processing
The National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to ...
FG to release N758 billion bond to clear pension backlog within three months – PenCom DG
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has stated that the approved N758 billion Federal Government of ...
Nigeria’s pension industry hits record N4.16 trillion growth in 2024; an all-time high of N22.51trn
Nigeria’s pension industry recorded an impressive growth of N4.16 trillion in 2024, pushing total pension assets to a historic high ...
PenCom mandates BVN for retirement savings account registration and data recapture from February 1, 2025
The National Pension Commission (PenCom) has issued a directive mandating the provision of Bank Verification Numbers (BVN) for all Retirement ...
PenCom lifts suspension on PFA’s investment in commercial papers in Nigeria
The National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) ...
