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PENCOM

news and analysis about pencom

Lawmakers have accused PenCom of refusing to provide its statement of account to aid the investigation into the alleged withdrawal of N33 billion from PenCom's account.
The acting Director-General, National Pension Commission, Aisha Dahir-Umar has dispelled claims that the non-composition of a board for the commission was affecting the management of the fund.
PenCom has out doored yet another radio programme entitled, “PenCom on the radio”.
Over 8.41 million Nigerians have been captured in the Contributory Pension Scheme (CPS), with the number expected to rise as more Nigerians key into the scheme through the micro-pension scheme to be launched between January and March.
Pension funds investment in FG issued securities increased in the month of October.
It appears that the radio program started recently by PenCom is already paying off.
The National Pension Commission (PenCom) recently released guidelines (the Guidelines) to provide clarity on voluntary contributions (VCs) under the Contributory Pension Scheme (CPS).
PenCom recovers outstanding pensions
PFAs invest N1.49 trillion in treasury bills
More Nigerians are waking up to the need to save for the rainy day as indicated by the trends.
Pension fund assets in Nigeria increased by N90 billion and N10 Billion for the months of July and August respectively to push the total pension assets to N8.33 trillion
Pension funds administrators invested in state securities in the period under review.