The nation’s pension fund has hit N5.8 trillion, the National Pension Commission, PenCom, disclosed. Presenting a paper at the forum of Finance Correspondents’ Association of Nigeria, FICAN, in Abuja, Head of Investment Supervision Department, Mr. Ehimeme Ohioma, who represented the Director-General, Mrs. Chinelo Anohu-Amazu,...

The National Pension Commission said it was engaging the Economic and Financial Crimes Commission to prosecute individuals and companies that had yet to remit the pensions of their employees that were deducted at source. It said the leaderships of both agencies had met to discuss...

The National Pension Commission (PenCom) has said that it is targeting about N2.3 trillion representing 40 percent of the N5.8 trillion Pension fund assets on infrastructure development by 2019. The Pension regulatory body also said that out of the over N1.16trillion pension fund assets available...

President of the Pension Fund Operators Association of Nigeria, PenOp, Mr. Eguarekhide Longe has said that compliance to remittances of pension contributions from the public sector on both the Federal and State levels have lagged notably. Longe who stated this at the Association’s annual general...

The Federal Government has not been remitting the pension contributions of most of its workers into their Retirement Savings Accounts under the Contributory Pension Scheme since October last year. This revelation was contained in the 2016 annual report of the Pension Fund Operators Association of...

Director-General, National Pension Commission,(PenCom) Mrs. Chinelo Anohu-Amazu has charged Pension Fund operators be creative in developing products that they invested in the country. Anohu-Amazu said this while speaking on the Role of Regulators in Deepening Capital Market at the 2016 Business Day Capital Market Conference...