PENCOM
3 Oct
The National Pension Commission (PenCom) has approved the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited.
2 Oct
The National Pension Commission (PenCom) has approved the merger of ARM Pension Managers (PFA) Limited and Access Pensions Limited to form a new entity called Access ARM Pensions Limited. In a statement released on Tuesday, PenCom management said the merger aims to enhance operational efficiency and improve service delivery for Retirement Savings Account (RSA) holders.…
27 Sep
The National Bureau of Statistics (NBS) has said that just about 26.3 per cent of Nigerian workers have a pension plan and health insurance policy across the country in 2023.
24 Sep
The National Pension Commission (PenCom) has revealed that only eight states, including the Federal Capital Territory (FCT), fully implemented the Contributory Pension Scheme (CPS), of the 25 states have enacted pension laws.
23 Sep
The National Pension Commission (PenCom) has expressed commitment to addressing issues of inadequate funding and delays in payment of accrued rights.
19 Sep
The National Pension Commission (PenCom) on Thursday commended the Lagos State Government for its strides in the implementation of the Contributory Pension Scheme (CPS). Omolola Oloworaran, Acting Director-General of PenCom gave the commendation while delivering an address at the Third Quarter 2024 Consultative Forum For States and the FCT organized by PenCom in Lagos. The…
16 Sep
The National Pension Commission (PenCom) said a total of N336.25 million has been recovered from 35 defaulting employers across sectors of the economy.
11 Sep 2024
Veritas Glanvills Pensions (VG Pensions) has expanded retirement planning to ensure financial inclusion of the informal sector with active participation in the Micro Pension Plan (MPP).
28 Aug 2024
The Correctional Officers Pencom Retirees Association of Nigeria (COPRAN), says the contributory Pension Commission (PenCom) scheme is worsening the challenges of retirees. COPRAN, in a petition to President Bola Tinubu, Senate President, Speaker House of Representatives, Minister of Labour, and Human Rights Commission, among others, said that pensioners were starved of their funds by PenCom…
28 Aug 2024
Between 2016 and 2017, I spent some time at the National Pension Commission of Nigeria (PenCom) as a Scholar in Residence. At PenCom, I primarily worked on mainstreaming sustainability thinking and culture in the organisation and the pension industry it regulates.
9 Aug 2024
The newly appointed Director-General of the National Pension Commission (PenCom), Omolola Oloworaran has assumed duties with a pledge to explore new frontiers in the implementation of the Contributory Pension Scheme (CPS).
1 Aug 2024
The National Pension Commission (PenCom) hereby informs the public that the newly appointed Director-General of the Commission, Omolola Oloworaran, has assumed duties at the commission. A statement by the management of the commission disclosed this on Wednesday in Abuja. The statement said that the appointment was to serve in acting capacity pending her confirmation by…
Latest
4 mins ago
Customers of the Ikeja and Eko Distribution Companies will experience a shortage of power supply for three days due to the occurrence of a transmission line snap between Towers 420 and 422 on the Omotoso-Ikeja West 330kV transmission line on Saturday, March 9, 2025. In a statement, the GM, Public Affairs Unit, Transmission Company of…
19 mins ago
In a landmark ruling on Monday, March 10, 2025, the Supreme Court of Nigeria dismissed appeals filed by the Attorney General of Rivers State and the Speaker of the State’s House of Assembly against the leave granted to the Economic and Financial Crimes Commission (EFCC) by the Court of Appeal to contest an order of…
26 mins ago
The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians to the operations of 58 companies posing as investment entities and defrauding innocent Nigerians of their hard-earned money. EFCC Spokesperson Dele Oyewale, who disclosed this on Tuesday in Abuja, noted that the move is in line with the commission’s commitment to sanitizing the financial space…
57 mins ago
The Cross River State House of Assembly has granted a request by the state governor, Senator Bassey Otu, to proceed on a three-week annual leave. Governor Otu, in a correspondence dated March 10, 2025, informed the State House of Assembly that he will commence his annual leave from March 11 to April 8. The governor…
1 hour ago
The suspended lawmaker representing Kogi Central at the Senate, Natasha Akpoti-Uduaghan, has taken her case against the President of the Senate, Senator Godswill Akpabio, to the global stage. This was as she tabled her plight at the Women in Parliament session held at the Inter-Parliamentary Union Meeting (IPU) at the United Nations in New York.…
1 hour ago
The Intergovernmental Authority on Development (IGAD), a trade bloc in East Africa said it is set to hold its 43rd Extraordinary Summit of Heads of State and Government on Wednesday. The summit is to discuss the evolving situation in South Sudan following the security crisis in the country. The summit will be held virtually, the…
1 hour ago
The Federal Capital Territory (FCT) Police Command has successfully recovered 19 stolen vehicles, which had been taken from various locations across the FCT between January and February 2025. The recovery operation extended beyond the Federal Capital, with some of the stolen vehicles found in Jos, Niger, and Kaduna. This was disclosed in a statement by…
1 hour ago
The Nasarawa State Government has officially taken over the prosecution of Timileyin Ajayi, who is accused of the gruesome murder of Salome Adaidu, a corps member. In a statement issued on March 10, 2025, the state’s Attorney-General and Commissioner for Justice, Hauwa Jugbo, confirmed that her office would lead the legal proceedings against Ajayi. “The…
1 hour ago
The Police Command in Rivers has arrested five suspected kidnappers following credible intelligence ON their operations and hideouts. SP. Grace Iringe-Koko, spokesperson for the command, disclosed this to journalists in Port Harcourt on Tuesday, stating that operatives also recovered a cache of arms and ammunitions from the suspects. She alleged that the suspects were responsible…
2 hours ago
The Ogun State Government has reaffirmed the importance of e-commerce in the imagined global economy, stressing the development as a driver of financial inclusion, a catalyst for wealth creation, and an enabler of economic resilience. Speaking at the introduction of a digital marketplace, Atlaxa, in Abeokuta, the Ogun State capital, Commissioner for Industry, Trade, and…