'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,...

Reps To Probe N15.5trn Pension Assets   The House of Representatives is set to investigate the status of N15.5 trillion pension assets being regulated by the National Pension Commission (PenCom). It will also probe the status of the N10trn loaned to the federal government and efforts being...

Nigeria’s Pension Assets To Hit N19trn In 2024, Report Reveals   Nigeria’s total pension assets, has been projected rise to an impressive N19 trillion by the end of 2024, according to a Pan-African credit rating agency, Agusto & Co. This projection is contained in a report titled,...

N15trn Pension Assets, Proof Of CPS’ Effectiveness – PenCom The National Pension Commission (PenCom) has described the Contributory Pensions Scheme (CPS) introduced in 2004 as a very successful initiative, having consistently grown the nation’s pension assets from N2 trillion at inception, to N15 trillion today. The...

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...