PenCom
FG Approves ₦758bn Bonds to Clear Pension Backlogs and Strengthen Pension System
The Federal Government has approved ₦758 billion in bonds to clear pension backlogs and strengthen the pension system, marking a major intervention aimed...
PenCom Orders PFAs and PFCs to Raise Capital Base by 2026
The National Pension Commission (PenCom) has issued a directive requiring Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to significantly increase their...
PenCom Raises Capital Base for PFAs and Custodians to ₦20bn
The National Pension Commission (PenCom) has reviewed upward the capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the...
PenCom Targets Informal Sector With Redesigned Pension Plan
The National Pension Commission (PenCom) has unveiled new measures to expand pension coverage in Nigeria’s vast informal sector by relaunching the Micro Pension...
PenCom Recovers N1.58bn from Defaulting Employers as Pension Assets Soar to N23tn
To safeguard the retirement savings of Nigerian workers, the National Pension Commission (PenCom) has announced the successful recovery of N1.58 billion from defaulting...
PenCom Flags 26 States for Pension Non-Compliance, Workers at Risk
The National Pension Commission (PenCom) has issued a stern warning to 26 states and the Federal Capital Territory (FCT) for their continued failure...
Streamlining Pensions: Digital Shift Accelerates as PenCom Approves Nine Payment Providers
In a significant stride towards modernizing Nigeria’s pension sector, the National Pension Commission (PenCom) has authorized nine Payment Solution Service Providers (PSSPs) to...
NGX, PenCom Launch Pension Broad Index for Equities Investment
In a joint effort to provide a comprehensive benchmark for equities investment in the pension industry, the Nigerian Exchange Limited (NGX) and the...
SEC, PENCOM, and NGX Collaborate to Strengthen Securities Lending Landscape in Nigerian Capital Market
In a move aimed at bolstering investor engagement and securities lending operations in Nigeria’s capital market, the Securities and Exchange Commission (SEC), National...