The National Pension Commission has lifted its ban on Licensed Pension Fund Administrators investing in commercial papers managed by non-bank capital market operators serving as Issuing and Paying Agents. This follows steps taken by the Securities and Exchange Commission to…
The Senate has confirmed the appointment of Omolola Oloworaran as the Director-General of the National Pension Commission (PenCom). The confirmation follows the consideration and adoption of the Senate Committee on Establishment and Public Service’s report during Thursday’s plenary. In July…
The Senate has confirmed the appointment of Bridget Omolola Oloworaran as Director General of the National Pension Commission, PENCOM. The confirmation followed the report submitted to the Committee of the Whole by the Chairman of the Senate Committee on Establishment…
The National Pension Commission (PenCom) on Monday reiterated its commitment to building the capacity of stakeholders, especially Pension Desk Officers (PDOs) whose roles are indispensable. The Acting Director-General of PENCOM, Ms Omolola Oloworaran, said this at a workshop on the…
The Federal Government says it will implement measures to clear all pension liabilities under the Contributory Pension Scheme (CPS) and ensure that no liabilities will be accumulated in the future. The Acting Director-General of National Pension Commission (PenCom), Ms Omolola…
By Esther Agbo At a recent forum in Lagos, the Acting Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, highlighted significant strides made by Nigerian states in pension fund management, emphasising the increasing adoption and implementation of the Contributory…
The Correctional Officers Pencom Retirees Association of Nigeria (COPRAN) has criticized the contributory Pension Commission (PenCom) scheme for exacerbating the difficulties faced by retirees. In a formal petition addressed to President Bola Tinubu, the Senate President, the Speaker of the…
By Matthew Denis President Bola Tinubu has approved the appointment of new leaders for 10 federal agencies and a national project. On Saturday, Ajuri Ngelale, presidential spokesperson, announced the appointments in a series of press statements. Some…
Data from the National Pension Commission (PenCom) indicates that Nigeria’s pension fund assets have increased to N19.787 trillion as of April 30, 2024. This marks a growth of approximately 0.6 percent compared to the N19.669 trillion recorded as the net…
Data from the National Pension Commission (PenCom) have revealed that Nigeria’s pension fund assets dropped marginally to N19.669 trillion for the period ended 31st March 2024. This represents a marginal decrease of about 0.45 percent when compared with N19.759 trillion…
