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.

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...