Pension Funds Invested In Banks Rise To N2.05trn – PenCom   The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The National Pension Commission disclosed this in its report, titled ‘Unaudited...

In Seven Months, Pension Funds Rose By N480bn         The total pension fund assets under the Contributory Pension Scheme rose by N480bn between January and July 2021. Figures obtained from the National Pension Commission on its unaudited report on the pension funds industry portfolio for the period...

Lagos State Govt Remit N1bn Pension Funds To 287 Retirees     The Lagos State Government has said that 287 of its retirees have received the sum of N1 billion in their retirement savings accounts (RSA). This was disclosed at the 86th bond presentation ceremony in Lagos by...

PTAD Gets £26.5m Repatriated Pension Funds From UK       The Pension Transitional Arrangement Directorate on Tuesday announced that it had received the sum of £26,505,862.97 repatriated from the United Kingdom. It said the pension funds had hitherto been under investment with Crown Agents Investment Management Limited in the...

Benue State Govt Remits Over N600m To Pencom       The Benue State Government has remitted over N600 million as pension fund to the National Pension Commission (PenCom). Governor Samuel Ortom who stated this yesterday said the government could be allowed to borrow from the pension fund to...

Poor Documentation Stalls N120bn FAAN Pension Funds         The Association of Nigeria Aviation Professionals (ANAP) yesterday raised the alarm over how poor documentation of financial records is serving as a stumbling block denying workers of the Federal Airports Authority of Nigeria (FAAN) from accessing their over...