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PenCom to attract 60 million enrolees, N3 trillion growth

The National Pension Commission (PenCom) is set to attract 60 million Nigerians in the informal sector to the pension scheme and hit N3 trillion assets growth.

Pencom set to attract 60 million Nigerians to pension scheme

The National Pension Commission is set to attract 60 million Nigerians in the Informal Sector to the pension scheme.

CBN, NDIC, others raise alarm over low-insurance patronage

Tackling low-insurance patronage in the country was the focal point of Friday when the Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation (NDIC), the National Pension Commission (PenCom) and other members of the financial sector brainstormed in Abuja to unveil a new policy on deepening financial inclusion.

PenCom: Federal government borrowed N6.1 trillion from pension assets

The Federal Government has borrowed about N6.16 trillion out of the N8.49 trillion pension assets under the Contributory Pension Scheme.

PenCom: Pension funds hit N8.45 trillion

Latest operational report from the National Pension Commission (PenCom) has revealed that Nigeria’s Pension Assets under the Contributory Pension Scheme (CPS) now stands at N8.45 trillion.

Strike: Federal government, ASUU reach agreement on demands

The Federal Government, on Monday reached an agreement with members of the Academic Staff Union of Universities (ASUU).

PenCom urges pension contributors to update biometrics

The National Commission has advised contributors to update their records with the Pension Fund Administrators in a bid to ensure the smooth running of the Retired Savings Accounts.

PenCom urges pension contributors to update biometrics

The National Commission (PenCom), has advised contributors to update their records with the Pension Fund Administrators (PFAs) in a bid to ensure the smooth running of the Retired Savings Accounts (RSA).
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Pensioners: Muhammadu Buhari unparalleled in contributory pension scheme

Retirees, under the auspices of Nigeria Union of Pensioners, Contributory Pension Scheme Sector (NUPCPS), have written to President Muhammadu Buhari, applauding his administration as the best they have seen in 14 years of the pension scheme.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Pensioners write commendation letter to Muhammadu Buhari

Retirees under the aegis of Nigeria Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) have written to President Muhammadu Buhari, applauding his administration as the best in 14 years of the pension scheme.

House of Reps disagree over motion to investigate federal government’s alleged violation of PenCOM...

Mr Yakubu Dogara, Speaker of the House of Representatives, House Leader, Mr Femi Gbajabiamila and other members on Thursday disagreed over a motion to investigate alleged violation of PenCOM Act by the Federal Government.

Retired Police officers seek federal government intervention over nonpayment of gratuity

Retired Police Officers captured under the National Pension Commission have appealed to the Federal Government to direct the appropriate authorities to pay their gratuities and alleviate their suffering.

PenCom recovers N14.7 billion unremitted contributions

National Pension Commission (PenCom) is working out a modality for contributors to use part of their funds as mortgage.

Central bank urges media collaboration in educating depositors

The Central Bank of Nigeria (CBN) has urged media practitioners to collaborate with financial regulators in the country to educate depositors on financial literacy and inclusion. The Head, Financial Inclusion Secretariat, CBN, Mrs Temitope Akin-Fadeyi...

PenCom: Investigate death certificates presented by beneficiaries before payment

The National Pension Commission (PenCom) on Wednesday directed the Pension Fund Administrators (PFAs) to investigate the death certificates presented by beneficiaries of the deceased before payment of death benefits.

PenCom recovers N465 million outstanding pension contributions

The National Pension Commission (PenCom) on Tuesday said it had recovered N465.02 million outstanding pension contributions from defaulting employers.

Lai Mohammed: Federal government working to checkmate failure of public enterprises

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is implementing critical reforms and privatisation policies in key sectors of the economy to address the abysmal failure of public enterprises and halt the drain on the treasury

PenCom recovers over N465m from defaulting employers in Q2

The National Pension Commission (PenCom) said it recovered a total of N465.02 million as outstanding pension contributions from defaulting employers in the second quarter of 2018, Q2’18.

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