PenCom

PenCom’s assests hit N16trn– DG

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…

PenCom urges private sector to improve on PRA compliance

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…

Contributory pension assets rise to N16.76trn

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…