PenCom Channels N28trn into Infrastructure Financing
The National Pension Commission (PenCom) has unveiled plans to establish a pension-backed investment consortium aimed at financing critical infrastructure projects using the industry’s asset base of over N28tn.
The proposal was announced at the First Quarter 2026 Pension Industry Leadership...
The National Pension Commission (PenCom) has warned that more than 75 million Nigerians in the informal sector risk retiring without pensions or savings.
PenCom Begins Disbursing N758bn Pension Bond to Retirees
The National Pension Commission (PenCom) has commenced the disbursement of the N758 billion pension bond approved by the Federal Government to settle outstanding liabilities owed to retirees, marking a major step in addressing long-standing pension arrears.
Speaking at...
FG Plans N758bn Bond to Offset Pension Liabilities – PenCom
The Federal Government may issue a N758bn bond before the first week of October to clear outstanding pension liabilities, the National Pension Commission (PenCom) has disclosed.
Speaking at a press briefing in Abuja on Thursday, the...
FG to Float N758bn Bond in 3 Months to Clear Pension Arrears
The Director-General of the National Pension Commission (PenCom) Mrs. Omolola Oloworaran has stated that the commission is optimistic that the recently approved N758 billion bond by the Federal Executive Council to clear pension...
Pension Fund Assets Rise to N21.92tn in October – PenCom
The National Pension Commission (PenCom) has disclosed that the total pension fund assets under the Contributory Pension Scheme have risen to N21.92tn as of October 2024, with contributions from 10.53 million registered participants.
The commission further...