Salaries: Workers Close Down Kaduna Disco’s Office   Workers of the Kaduna Electricity Distribution Company have vowed to continue to protest the nonpayment of their outstanding salaries and non-remittance of deducted pensions to their Pension Fund Administrations until their demands are met. Economic Confidential gathered that the...

Banks Get N638.89bn Pension Funds From PFAs Pension Funds Administrators (PFAs) have invested N638.89bn pension funds in the banking industry as of the end of January 2019, according to the latest figures from the National Pension Commission. PenCom revealed that the total assets under management of...

Premium Pension Limited, PPL, has said it paid not less than N118billion benefits to pensioners since 2007 when it began operation following the Pension Reforms Act, PRA, 2004, with PPL which commenced business with an initial share capital of N500 million, now has shareholders’...

The total funds invested by operators of the Contributory Pension Scheme in infrastructure have risen to N1.7bn. Statistics obtained by our correspondent also showed that the total pension assets under management of the operators in July 2016 rose to N5.82tn. A higher percentage of the funds,...