…Calls for more collaboration, awareness By Philemon Adedeji With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have…
In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilisation to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and…
The National Pension Commission (PenCom) on Thursday said the number of contributors for the Contributory Pension Scheme (CPS) rose to 10 million members as at June from 9.86 members recorded in 2022. Mrs Aisha Dahir-Umar, Director-General, PenCom made the disclosure…
The National Pension Commission (PenCom) on Thursday said the number of contributors for the Contributory Pension Scheme (CPS) rose to 10 million members as at June from 9.86 members recorded in 2022. Mrs Aisha Dahir-Umar, Director-General, PenCom made the disclosure…
The Contributory Pension Scheme (CPS) assets have hit N16 trillion, says the National Pension Commission ( PenCom)’s Director-General, Mrs Aisha Dahir-Umar. Dahir-Umar made the disclosure at a conference organised for journalists covering the pension and labour industries, on Thursday in…
By David Awoyemi The National Pension Commission, PenCom, has pleaded with Nigeria Employers’ Consultative Association, NECA, to develop robust programmes to further improve compliance with the Pension Reform Act, PRA 2014 by its member companies. However, PENCOM had commended NECA…
Assets under the Contributory Pension Scheme rose by about N2 trillion in the first half of 2023, according to the National Pension Commission. Figures obtained from PenCom’s unaudited report on pension funds industry portfolio for the period ended 30 June…
Workers’ interest in the Contri butory Pension Scheme, CPS, waned in the first quarter of 2023, Q1’23, as the number of new enrolment in the Retirement Savings Accounts, RSAs, dropped by 10.2 per cent year-on-year, YoY, to 83,654 from 93,114…
The National Pension Commission ( PenCom) has described the Contributory Pensions Scheme (CPS) introduced in 2004 as a very successful initiative, having consistently grown the nation’s pension assets from N2 trillion at inception, to N15 trillion today. The Director General…
The National Pension Commission (PenCom) has disclosed that it has recorded 95,045 Micro Pension participants under the MicroPensionPlan (MPP), Contributing N435.61million as at April 2023. Director General, PenCom, Aisha Dahir-Umar, disclosed this at the maiden edition of the Micro Pension…
