The National Pension Commission (PenCom) has revealed that the Contributory Pension Scheme has hit N17.7 trillion as of the end of July 2023.The Pension management body said the pension asset increased by about 1.8 per cent from N16.76 trillion the fund was as of the end June.
Nigerian-born Environment and Sustainability Consultant, Canon Chimenem Otto, FRSA, has been appointed as a fellow by the Royal Society of Arts (RSA) for his social impact in the United Kingdom and Africa.
16 May 2022
The National Pension Commission (PenCom) has directed Retirement Savings Account (RSA) holders in the country to approach their various Pension Fund Administrators (PFAs) to participate
19 Jul 2021
The Lagos State Government has said that 287 of its retirees has received the sum of N1 billion in their retirement savings accounts (RSA).
14 Dec 2020
Leadway Pensure has reiterated its commitment to continuous excellent service delivery as it helps customers grow their Retirement Savings Account (RSA).
9 Feb 2020
Workers lack confidence in the ability of the political class to deliver on their promises, or to safeguard their life-savings when entrusted in their hands
13 May 2019
The Retirement Savings Accounts (RSA) remittance data for the fourth quarter of 2019 recently released by the National Pension Commission (PenCom) showed that N15.36 billion has so far been remitted into RSA within the period ...
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…
29 Oct 2018
Premium Pension Limited has recorded a growth of 4.96 per cent in its number of Retirement Savings Account (RSA), within the first nine months of 2018. This is an improvement from industry trend of 4.5 per cent, while its Assets Under Management (AUM) grew by 13.7 per cent, a significant improvement from the industry’s AUM growth over…
11 Jun 2018
The National Pension Commission (PenCom) has said the 50 per cent lump sum payable to retirees as gratuity on retirement from their Retired Saving Account (RSA) was reduced to enable
21 Mar 2018
I was a guest speaker at an event in the last couple of weeks on a completely un-related subject matter, when the audience, sensing my experience and affiliation with the pension industry accosted me with their concerns about the new guidelines regarding voluntary pension contributions. My response was frank and brutal, reminiscent of a similar…
26 Sep 2017
If Nigeria’s pensions landscape was a Google Search bar and one had the opportunity to enter any given year before 2004, the results would have been easily organisable...