The House of Representatives has moved to recover the N10 trillion pension fund loaned to the Federal Government. This followed the adoption of a motion sponsored...
The total pension assets under the Contributory Pension Scheme rose to N14.5 trillion as of the end of October 2022. The National Pension Commission (NPC) revealed...
The National Pension Commission (PenCom) has disclosed that ñbbjnjvalue of pension fund assets has increased to N14.59 trillion as at the end of October 2022. This...
Nigerian Pension Fund Administrators (PFAs) increased investment in the Nigerian stock market to N1 trillion in May, up from the N999 billion they closed April with....
Nigeria’s total pension asset value rose by 12 per cent year-on-year to N13.8 trillion as of February 2022. The pension fund as at last month stood...
The Supreme Court of Nigeria, in Abuja, on Wednesday, affirmed the six-year imprisonment imposed on a former Federal Director of Pensions (FDP,) Mr John Yakubu. Justice...
The National Pension Commission (PenCom) has confirmed an increase in the country’s pension fund for the month of May. In the industry report posted on its...
The Director-General of the National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, said on Monday the country’s pension fund has increased to N12.66 trillion. Dahir-Umar, who disclosed...
The National Pension Commission (PenCom) says the total assets under the contributory pension scheme (CPS) rose by N2.1trillion to N12.3 trillion from N10.2 trillion as of...
The National Pension Commission (PenCom) has disclosed that total assets under the Contributory Pension Scheme had risen by N184.68bn in the third quarter of 2020. In...
The Niger State government has indicted no fewer than 15 persons in the state over the alleged N5.778 billion missing pension contribution to the state from...
The Nigerian government will consider the possibility of committing N2 trillion of the nation’s N10.6 trillion pension fund asset for roads and housing development as part...
The National Pension Commission (PenCom) has revealed that pension funds administrators in the country invested a total of N34.89 billion in infrastructures as at the end...
Governor of Central Bank of Nigeria, Godwin Emefiele, and the Accountant-General of the Federation, Ahmed Idris, have been asked to appear before the House of Representatives...
The House of Representatives Ad hoc committee on the activities of National Pension Commission and its administrators, has threatened to issue a bench warrant to compel...
The National Pension Commission, PenCom, has said Nigerian banks borrowed a total of N764.32bn from pension funds under the Contributory Pension Scheme, CPS. The commission added...
Nigerian banks borrowed N764.32bn from the total pension funds under the Contributory Pension Scheme as of the end of September this year. Figures obtained by The...
Concerned about the depth of fraud pension funds in the country have been subjected to by the administrators, the House of Representatives has set in motion...
Worried by the growing public outcry over the non remittance of pension funds estimated at over N5 billion, the House of Representatives, on Tuesday, directed its...
In from Ali Smart … In order to secure pension funds and ensure stable returns, over N3.25 trillion pension funds out of a total of N5...