Strike Looms as Labour, PenCom Disagree Over Pension Funds   The Nigeria Labour Congress (NLC) has threatened a nationwide strike if the Federal Government fails to return what it claims to be billions of naira taken from workers’ insurance contributions. It also demanded that the government...

The total pension Net Asset Value under the management of Pension Fund Administrators in the country as at December 2024 has hit N22.51trillion.

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...

PTAD Clears Pension Arrears Worth N1.18bn The Pension Transitional Arrangement Directorate (PTSD) has cleared a total of N1.18bn in pension arrears over the past five years, from 2020 to 2024, according to data obtained from BudgIT’s accountability platform, GovSpend, on Sunday. These payments benefitted thousands of...

Accrued Pension Rights: N22bn Fund only For 2023, 2024 Retirees - PenCom The National Pension Commission has disclosed that the recent release of N22bn by the Federal Government through the Office of the Accountant-General of the Federation for accrued pension rights of retirees in MDAs...

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...