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...

Senate Confirms Omolola Oloworaran's Appointment as PenCom DG   The Senate has confirmed the appointment of Ms Omolola Oloworaran as the Director General of the National Pension Commission (PenCom). This was disclosed by PenCom in a statement made available to the media yesterday. PenCom said the confirmation followed...

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...