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Pension Assets Rise to N5.9tn

The total assets under the Contributory Pension Scheme rose to N5.9tn as of the end of September. The Director-General, National Pension Commission, Mrs. Chinelo Anohu-Amazu, disclosed this during a seminar in Abuja. “Some of the major success indicators include the consistent growth in a large pool...

Africa Requires $93 Billion Annually to Bridge Infrastructure Gap- Chinelo Anohu- Amazu

Mrs. Chinelo Anohu-Amazu, the Director General of National Pension Commission (PenCom), the main driver of the Pension regulation in Nigeria does not need any introduction. Economic Confidential, Nigeria’s Economic Intelligence Magazine caught up with her at the just concluded World Pension Summit, ‘Africa Special’...

Operators Uncomfortable as FG Eyes N5.8tn Pension Fund

Pension operators in the country are increasingly getting uncomfortable with the moves being made by the Federal Government to use part of the N5.8tn Contributory Pension Scheme assets to fund infrastructure development and move the nation out of economic recession. Operators, who spoke to the...

Welcoming the World Pension Summit

Tomorrow ‘Africa Special’ edition of a two-day World Pension Summit opens in Abuja with a focus on African developments in the pension industry. Tomorrow’s edition is the third of such. It is organized jointly with the National Pension Commission (PenCom) of Nigeria under the...

Pension Fund as Tool for Infrastructural Development

If the recent news about the collaboration of National Pension Commission, with Economic and Financial Crimes Commission, EFCC, in a bid to compile and prosecute list of employers who have not been remitting deducted pension contributions, then there is no doubt the pension commission...

ARFESPON Urges FG to Pay 30-Month Pension Arrears

The Association of Retired Senior Public Officers of Nigeria has pleaded with the Federal Government to pay its members all outstanding pension benefits and erase every disparity in the payment of pensions between its members and their serving counterparts. In a statement, the association made...