Tag
PENCOM
news and analysis about pencom
The National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) where non-bank capital market operators act as Issuing and Paying Agents (IPAs).
The National Pension Commission (PenCom) has announced the assumption of office by Omolola Oloworaran as the new Acting Director-General.
President Bola Tinubu's appointment of Ms. Omolola Bridget Oloworaran as the new Director-General of the National Pension Commission (PenCom), does not align with the relevant laws that founded the pension industry.
President Bola Tinubu has appointed Ms. Omolola Bridget Oloworaran as the new Director-General of the National Pension Commission (PenCom).
Data from the National Pension Commission (PenCom) indicates that Nigeria’s pension fund assets have increased to N19.787 trillion as of April 30, 2024.
The National Pension Commission (PenCom) has approved the disbursement of N14.2 billion to 8,651 Nigerians who experienced temporary job loss in the first quarter of 2024.
The National Pension Commission (PenCom) has disclosed that a cumulative total of 88,213 new Retirement Savings Accounts (RSAs) were registered during the quarter ending on 31 December 2023.
The total pension fund net asset value dropped to N19.669 trillion in March compared to N19.759 trillion reported a month earlier.
Nigerian pension industry has taken the reins of its own performance reporting with the release of PenOp's ‘Inaugural Performance Report’, titled ‘Uniform Performance Reporting.
The devaluation of the Naira has exerted a substantial influence on the net asset value of pension fund assets in Nigeria over the past year.
Data from the National Pension Commission (PenCom) reveals Nigeria’s pension fund assets rose to N19.531 trillion for the period that ended 31st January 2024.
Mr. Kehinde Ogundimu, Managing Director/CEO of the Nigeria Mortgage Refinance Company (NMRC) has said that the company approached the National Pension Commission (PenCom) to address the difficulties faced by Nigerians in meeting the 20% down payments for mortgages.