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PENCOM

news and analysis about pencom

The Federal Government has cleared a 21-month backlog in accrued pension rights for enrolled federal workers, funding their entitlements up to December 2029, according to the National Pension Commission (PenCom).
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has urged Pension Fund Administrators (PFAs) and other industry stakeholders to open three million additional funded Retirement Savings Accounts within one year.
The Inspector-General of Police (IG), Olatunji Disu, has proposed a 200 per cent gratuity and pension for retired police officers as part of ongoing
The National Pension Commission (PenCom) has disclosed that it will begin calculating penalties against defaulting employers through an automated system, following cumulative recoveries of N36.6 billion as of July 2026.
Nigeria's pension fund assets have increased by N10.7 trillion over the past two years, rising from N20.79 trillion in July 2024 to N31.48 trillion in July 2026, according to the National Pension Commission (PenCom).
Nigeria's pension fund assets expanded by N3.8 trillion in the first eight months of 2026, rising from N28.04 trillion in January to a record N31.8 trillion as of August 31, 2026.
In this explosive episode of Drinks and Mics, it was a full house as Ugodre, Arnold, Tunji, and...
The Director-General of the National Pension Commission, Ms. Omolola Oloworaran, on Thursday disclosed that monthly pension payments rose to N14.837 billion, effective June 2025, under its Pension Boost 1.0 initiative. 
The National Pension Commission (PenCom) has clarified that it did not overturn a reported N1 billion sanction against Leadway in the first assignment of its Director General, Omolola Oloworaran, while denying working for the Odukale family, founders of Leadway Assurance Company Limited. 
Nigeria’s pension fund industry posted a marginal gain in August 2025, reflecting cautious optimism as fund managers rebalanced portfolios amid mixed market signals. 
The National Pension Commission (PenCom) has announced a sweeping revision to the capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the minimum threshold for PFAs tenfold, from N2 billion to N20 billion.  
PENCOM’s new leadership is not wasting any time. They have hit the ground running, releasing circulars and guidelines almost every week.