The latest data from the National Pension Commission (PenCom) reveals that Nigeria’s pension fund assets surged to N22.86 trillion as of January 31, 2025, reflecting a 1.55 per cent increase from the N22.512 trillion recorded in December 2024. The figures,…
The Nigeria Employers’ Consultative Association (NECA) has called on the Federal Government to, immediately, constitute the Boards of the Nigeria Social Insurance Trust Fund (NSITF) and the National Pension Commission (PENCOM), among others. Mr Adewale-Smatt Oyerinde, NECA’s Director-General, made the…
By Matthew Denis The Director-General of the National Pension Commission (PenCom), Ms Omolola Oloworaran, has described the approval of N758 billion to fully settle outstanding pension liabilities under the Contributory Pension Scheme (CPS) as a significant milestone. Speaking at a…
The National Pension Commission (PenCom) has tasked insurance and pension operators with the need to invest more in market awareness in the New Year to support the aspiration of the Federal Government to attain the $1 trillion dollar economy target.…
The National Pension Commission (PenCom) has announced that it is working closely with the Ministry of Finance to ensure the timely payment of retirees’ benefits. This update was shared by the Director-General of PenCom, Omolola Oloworaran, during an interactive session…
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…
