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PENCOM
news and analysis about pencom
Nigeria’s total pension assets jumped to N16.76 trillion in June 2023, representing a N1.77 trillion (12%) increase compared to N14.99 trillion recorded at the beginning of the year.
The National Pension Commission (PenCom) has described as outrageous falsehood and fiction allegations that its Director-General, Mrs. Aisha Dahir-Umar, was paid millions of dollars as estacode during the Covid-19 lockdown in 2020
NPF Pensions' RSA holders increased from 20,852 holders 2021 to a total of 323,096 RSA holders by the end of 2022.
PenCom has announced that it has recovered the the total amount of money, which which was owed by defaulting employers for their workers.
UPDC is forging a partnership with Nigeria’s pensions regulator, PenCom, to reduce the housing deficit among Nigerians
Multi-level stakeholder engagement is critical to ensure that policies are not counter-intuitive to the real objectives and goals
Since the introduction of the window of transfer which allowed pension contributors to change their PFAs, there has been an alarming increase in the rate at which the PFAs sent gifts to many RSA holders
Nigeria’s Securities and Exchange Commission has said that the passage of the proposed Investments and Securities Bill will check the rise of Ponzi/Pyramid schemes as well as other illegal investment schemes
PenCom) has announced the final approval for pension contributors in active employment to use 25% of the balance of their RSA to pay for equity contribution for mortgage.
The National Pension Commission (PenCom) has reacted to reports of employee compensation allegations making the rounds on media platforms.
PFA’s portfolios remain skewed towards riskless FGN instruments and money market instruments which almost all earn negative real interest rates
PenCom has stated that a total of 10,541 Pension Compliance Certificates, PCC, were granted to organizations in the first quarter of 2022.