Pension Assets Exceed N23trn, Says PenCom – Independent Newspaper Nigeria
7 Articles
7 Articles
Pension fund coverage ratio rises despite stock market panic, which has risen the fastest
A welcome boost amid all the turmoil for pension funds: funding ratios rose in the first quarter of 2025. Although total assets fell due to significant losses on the stock markets, rising interest rates mean that funds are in better shape on paper than they were a few months ago.
Pension Crisis Deepens as 28 States Fail Remittance
By Daniel Adaji The National Pension Commission (PenCom) has said that twenty-eight Nigerian states have yet to fully implement or remit funds under the Contributory Pension Scheme (CPS), deepening the nation’s pension crisis. The Director General of PenCom, Omolola Oloworaran, disclosed this on Wednesday during the First Run 2025 Consultative Forum for States and the Federal Capital Territory (FCT), held in Kano. The forum brought together sta…
Pension Assets Exceed N23trn, Says PenCom – Independent Newspaper Nigeria
The National Pension Commission (PenCom) has announced that pension assets under management have exceeded N23 trillion as of February, this year. Director-General of PenCom, Omolola Oloworaran, revealed this on Wednesday in Kano during the first-run 2025 consultative forum for states and the Federal Capital Territory (FCT). Oloworaran also said that the commission used more stringent […]
PenCom Recovers ₦1.58bn From Defaulting Employers, Pension Assets Hit ₦23tn - NEWS AGENCY OF NIGERIA
PenCom recovers ₦1.58bn from defaulting employers, pension assets hit ₦23tn 13 total views today By Muhammad Nur Tijani The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. This information was shared by the Director General of PenCom, Ms Omolola Oloworaran, on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the […] The p…
PenCom Recovers N1.58bn from Pension Defaulters
By Adedapo Adesanya The National Pension Commission (PenCom) has announced the recovery of N1.58 billion from defaulting employers through enhanced enforcement efforts as total pension assets under management (AuM) surpassed N23 trillion as of February. The Director General of PenCom, Ms Omolola Oloworaran, made this disclosure on Wednesday in Kano during the First Run 2025 […]
Pension Assets Hit N23trn As Pencom Intensifies States’ CPS Adoption Drive
The National Pension Commission (PenCom) has announced that pension assets under management have exceeded ₦23trn as of February this year. Director-General of PenCom, Omolola Oloworaran, revealed this on Wednesday in Kano during the first-run 2025 consultative forum for states and the Federal Capital Territory (FCT). Oloworaran also said that the commission used more stringent enforcement tactics to collect ₦1.58bn from employers who had default…
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