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...

Pension Assets Surge 22% to ₦26.7trn Nigeria’s pension industry recorded a sharp expansion over the past year, with total assets under management rising by 22 percent to N26.7 trillion at the end of October. The expansion was driven by strong market performance, increased contribution inflows, and...

Pension Fund Assets Surge to N26tn in Q3 National Pension Commission newly released data revealed that Nigeria’s pension fund assets climbed to an all-time high of N26tn at the end of the third quarter, rising by 22.03 per cent—or N4.71tn—as Pension Fund Administrators increased their...

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...

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.