N24bn Recovered From Defaulting Employers - PenCom   The National Pension Commission (PenCom) says it has recovered N24.15bn non-remitted pension savings of employees from defaulting employers. It disclosed this in its fourth quarter report for 2022. The report stated that, “Following the issuance of demand notices to defaulting...

Contributory Pension Assets Rise To N14.9trn   The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National Pension Commission (PenCom). PenCom disclosed in its latest ‘Report on pension industry portfolio for the period ended 31 December 2022’...

FG Releases N13.89bn for Payment of Pension Retirees  - PenCom The National Pension Commission (PenCom) has announced the release of N13.89 billion for the payment of their Accrued Pension Rights of 2022 retirees of treasury-funded Ministries, Departments and Agencies (MDAs). The commission revealed in a statement...

Aishatu Dahiru- Umar: The Iron Lady at PENCOM, by Abubakar Yusuf   Since her appointment and confirmation in 2020 as the substantive Director General, Pension Commission PENCOM , Hajiya Aishat Dahiru-Umar had turned the once moribund government agency into a prospective organization that was determined to...

In One Month, Pension Assets Drop By N2bn   The total assets under the contributory pension scheme lost nearly N2bn in one month. This was contained in the National Pension Commission’s latest report titled, ‘Unaudited report on pension funds industry portfolio for the period ended 30 September...

Nigeria’s N14.42trn Pension Assets Secured With PFCs - PenCom   Nigeria’s pension assets of N14.42trn is infallible due to structures put in place to ensure its safety through the Pension Fund Custodians (PFCs), the Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, has said. The PenCom boss...