It has been a year since the implementation of the multi-fund structure by Nigeria’s National Pension Commission, PenCom. Earlier on in the year, we had reported on the reporting readiness of the...
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Pension Fund contributors aged less than 30 years now make up a smaller number of pension contributors, going by the data released by the National Pension Commission.
The data reveals only 803, 895 of those less than 30 years and younger or 9.56% now make up total pension …
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Deborah Ighiwiyisi Agbonayinma, the daughter of Ehionzuwa Johnson Agbonayinma, a federal lawmaker and Pension Ad Hoc Committee Chairman, has been working with the National Pension Commission (PenCom) with fake foreign and local university degree certificates, The Nation reports.
Hon...
In an effort to deepen pension fund investment participation and to sensitize the Nigerian public on the contributory pension schemes in the country, the National Pension Commission, PenCom, has out doored yet another radio programme entitled, “PenCom on the radio”.
The said programme which...
As Nigerian workers registered under the Contributory Pension Scheme (CPS) remain faithful in their cause, the Pension Fund Administrators (PFAs) have invested not less than N221.89 billion in real estate properties out of the N8.50 trillion total assets.
According to the National Pension...
Nigerian banks borrowed N662.8bn from the total pension funds under the Contributory Pension Scheme as of the end of May 2018.
Figures obtained by our correspondent from the National Pension Commission revealed that this amounted to 8.4 per cent of the total pension assets, which was …
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In this article, MARK ITSIBOR points to the indicators that will make it impossible for PenCom to achieve its aim of producing a pension industry with up to 20 million contributors to...
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At least 2,700 federal civil servants from the Federal Capital Territory (FCT) and Niger State have commenced their verification and enrolment exercise with....
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