The National Pension Commission has recovered over N4.04 billion in unremitted pension contributions between January and November 2025, marking a major increase of more than 180 per cent compared with …
CONTRIBUTORY PENSION SCHEME
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Financial RegulationGovernment PolicyLabour & EmploymentPensionPublic Finance
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Corporate NewsEconomyFinance & ServicesPensionSocial Development
FCMB Pensions Disburses Over N200bn to Retirees, Marks 20 Years with Inclusion Drive in Abuja
The Managing Director and Chief Executive Officer of FCMB Pensions Limited, Mr Christopher Bajowa, has disclosed that the company has paid out more than N200 billion in pension benefits to …
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Capital MarketEconomyFinanceGOVERNMENTPensionRegulation
Nigeria’s Pension Assets Rise to N26.09tn as PFAs Deepen Investments in Government Securities
Nigeria’s pension fund assets continued their steady growth in 2025, rising by more than N4.71tn as of the end of the third quarter. This represents a 22.03 per cent year-on-year …
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EconomyFinanceGOVERNMENTLabourNigeriaPension
PenCom rebrands Micro Pension Plan to Personal Pension Plan
The National Pension Commission (PenCom) has announced that the rebranded Personal Pension Plan (PPP) has opened up new opportunities for Nigerians to make voluntary pension contributions, allowing Retirement Savings Account …
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DevelopmentEconomyFinancePensionRegulation
PenCom Says Recapitalisation Will Strengthen Pension Industry
The National Pension Commission (PenCom) has said its ongoing recapitalisation requirement for licensed pension fund operators is a strategic move to strengthen the financial base of the industry and safeguard …
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BusinessCorporate GovernanceFinanceNigeriaPensionRegulation
PenCom Raises Minimum Capital for PFAs, Custodians in Pension Revolution 2.0
The National Pension Commission (PenCom) has announced a fresh increase in the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), raising the thresholds to N20 …
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EconomyFinance & ServicesLabourNigeriaPensionRegulation
Pension Fund Operators Urge Workers to Update Records for Seamless Retirement Payments
The Pension Fund Operators of Nigeria (PenOp) has advised all participants in the Contributory Pension Scheme (CPS) to take part in the ongoing Data Recapture Exercise (DRE), stressing that the …
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BusinessDevelopmentEconomyFinance & ServicesGOVERNMENTLabour
Nigeria’s Pension Fund Hits N24.1 Trillion in May 2025
Nigeria’s pension fund assets under the Contributory Pension Scheme (CPS) have reached an all-time high of N24.1 trillion as of May 31, 2025. This marks a significant growth of N3.9 …
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EconomyFinance & ServicesNigeriaTechnology
Access ARM Pensions Urges Civil Servants to Make Voluntary Contributions
Access ARM Pensions has advised Nigerian civil servants to start making small but steady voluntary contributions to their Retirement Savings Accounts (RSAs) to help secure their financial future after retirement. …
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The National Pension Commission (PenCom) has announced a major increase in monthly pension payments for retirees under the Programmed Withdrawal plan. The Director-General of PenCom, Ms. Omolola Oloworaran, disclosed that …