National Pension Commission
4 Feb 2019
Mrs. Aisha Dahir-Umar is the Acting Director-General of the National Pension Commission (PenCom). Despite acclaimed achievements with the Contributory Pension Scheme (CPS), the industry is yet to capture the objectives of the section 39(2). In this interview with BANKOLE ORIMISAN, she speaks on how budgetary funding/releases had not been regular and adequate for the payment of outstanding accrued pensions in last…
7 Jan 2019
The multi-prong approach to achieving the set target of including 80 per cent of the country’s adult population in the financial system come 2020, is gaining traction, as the initiatives, led by the Central Bank of Nigeria (CBN) recorded improved numbers and affirmation, shortly before the end of last year. The confidence-building information, contained in…
29 Oct 2018
With just two months after the effective take off of the newly introduced Multi-Fund Structure by the National Pension Commission (PenCom), the contributions under the watch of the institution has risen to N8.34 trillion as at September 30, from N8.04 trillion at the end of March 2018. Already, PenCom has attributed the quantum leap in…
18 Sep 2018
The concept of sustainable investment is becoming more essential daily as an effective means of achieving desired impact on the global environment. The sustainable investment approach considers Environmental, Social and Governance (ESG) factors, as well as the long-term health and stability of the economy as a whole. These were the assertions of the Pioneer Director-General,…
10 Apr 2018
The Federal Government is set to pay the next batch of retirees. This was disclosed recently by the Acting Director-General, National Pension Commission (PenCom), Aisha Dahir-Umar. She said PenCom had been working on modalities for payment to enable it release substantial funds for the retirees, but insisted that it is only retirees that perfected their…
2 Apr 2018
The Pension Funds Administrators have invested N6.86 billion from the workers’ monthly contributions, in the Federal Government bonds meant to develop the nation’s infrastructure, as of December 2017.
16 Oct 2017
The report shows that Nigeria experienced a Compound Annual Growth Rate of 20.24% from 2011 to 2016, with pension assets rising from N2.45 trillion in December 2011 to N6.16 trillion in December 2016.
28 Sep 2017
“We have put structures in place to play aggressively and take advantage of the huge business opportunity in the informal sector of the business once the National Pension Commission issues the guidelines.
1 Dec 2016
Hence, the recent report that the government through the National Pension Commission is planning to set up a micro-pension scheme to accommodate the self-employed is, therefore, welcome.
8 Aug 2016
The National Insurance Commission (NAICOM) has advised the interim management of the International Energy Insurance (IEI) Plc to suspend the proposed sale ...
2 Aug 2016
Trustfund Pensions has begun biometric exercise for pensioners under the Contributory pension scheme .
12 Jul 2016
The General Secretary of the union, Peters Adeyemi, said in Abuja that the neglect of the agriculture sector and mining has contributed immensely to the downward movement of the Nigerian economy.