Public, Private Pension Contributions Rise to N11tn – Report A report on 20 years of pension reforms in Nigeria obtained on Thursday showed that pension contributions from the public and private sectors rose to N11tn in the second quarter of 2024. The Chief Executive Officer of...

Pension Assets Hit N20.79tn in July – PenCom The Acting Director-General of the National Pension Commission, Omolola Oloworaran, has disclosed that the pension fund assets under the Contributory Pension Scheme have risen to N20.79tn as of July 2024. She stated this at the Quarterly Consultative Forum...

Tinubu Appoints New Head for PenCom President Bola Tinubu has approved the appointment of Ms. Omolola Bridget Oloworaran as the new Director-General of the National Pension Commission (PenCom). Ms. Oloworaran is a finance and banking expert with many years of experience. The appointment is subject to the...

Pension Funds Increase by 2.23% in May – PenCom The value of pension funds in Nigeria increased by 2.23 per cent month-on-month to cross the N20tn mark to N20.23tn in May 2024. According to the unaudited report on the pension funds industry portfolio for the period...

8,651 RSA Holders Withdraw N14bn from Pension Savings – PenCom About 8,651 Retirement Saving Account holders withdrew N14.20bn in the first quarter of 2024 due to temporary job loss. This was disclosed in the first quarter report 2024 published by the National Pension Commission recently. In the...

'Contributory Pension Assets Rise to N17.66trn'   The total assets under the Contributory Pension Scheme rose to N17.66tn as of the end of October 2023. Figures obtained from the National Pension Commission (PenCom) on ‘Unaudited report on pension funds industry portfolio for the period ended October 31,...