Tag
PENCOM
news and analysis about pencom
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.
The National Human Rights Commission (NHRC) has identified the Ministries, Departments (and Agencies) (MDAs), and other agencies accused by several Nigerians of allegedly violating their fundamental rights.
The National Pension Commission (PenCom) has made significant strides in ensuring compliance among employers regarding pension contributions.
CardinalStone Partners Limited is set to acquire 80% equity stake in in Radix Pension Managers Limited.
Nigeria’s total pension asset gained a remarkable N3.36 trillion in 2023, closing the year at a record high of N18.36 trillion from N14.99 trillion recorded as of the previous year. This represents a year-on-year increase of 22.43%, which is the fastest growth on record.
Since the National Pension Commission (PenCom) reopened the transfer window in Q4 2020, a total of 245,625 RSA holders have changed their pension administrators.
Data from the National Pension Commission (PenCom) reveals Nigeria’s pension fund assets rose to N17.927 trillion for the period ended 30th November 2023.