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 ...
Tag: pencom
news and analysis about pencom
FG to release N758 billion bond to clear pension backlog within three months – PenCom DGÂ
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, 2025Â
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 NigeriaÂ
The National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) ...
New PenCom DG assumes office amid controversy over appointmentÂ
The National Pension Commission (PenCom) has announced the assumption of office by Omolola Oloworaran as the new Acting Director-General.Â
Lawyers suggest new Pencom DG does not have 15 years experience stipulated in Pension Act
President Bola Tinubu's appointment of Ms. Omolola Bridget Oloworaran as the new Director-General of the National Pension Commission (PenCom), does ...
Meet Omolola Oloworaran, the new PenCom CzarÂ
President Bola Tinubu has appointed Ms. Omolola Bridget Oloworaran as the new Director-General of the National Pension Commission (PenCom).
Pension fund assets rise to N19.787 trillion as of April 2024 – PenCom
Data from the National Pension Commission (PenCom) indicates that Nigeria’s pension fund assets have increased to N19.787 trillion as of ...
Nigerians withdraw N14.2 billion from pension funds as job losses spike
The National Pension Commission (PenCom) has approved the disbursement of N14.2 billion to 8,651 Nigerians who experienced temporary job loss ...
