The National Pension Commission has extended the deadline for the ongoing recapitalisation of the pension industry to June 2027, shifting it from the earlier date of December 2026. The move …
Omolola Oloworaran
-
EconomyFinance & ServicesNigeriaPensionPublic PolicyRegulation
-
Financial RegulationGovernment PolicyLabour & EmploymentPensionPublic Finance
PenCom Recovers N4.04bn Unremitted Pensions in 11 Months
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 …
-
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 …
-
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 …
-
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 …
-
EconomyFinanceGovernanceLabourPensionRegulation
PenCom Bans Cross-Shareholding in Pension Firms, Moves to Protect Contributors’ Funds
The National Pension Commission (PenCom) has released new guidelines banning significant cross-shareholding among Pension Fund Operators (PFOs). The move, which became effective immediately on Friday, is aimed at promoting transparency, …
-
BusinessEconomyFinance & ServicesInsurancePensionRegulation
Rex Insurance Chairman Urges Stronger Frameworks for Insurance and Pension Sectors
The Chairman of Rex Insurance Limited, Mr. Ike Chioke, has called for stronger frameworks in Nigeria’s insurance and pension industries to drive economic growth and deepen financial inclusion. Chioke, who …
-
Finance & ServicesInfrastructureINVESTMENTMarketsNigeriaSales Strategy
Nigeria’s Pension Fund Assets Rise to N23.65tn
igeria’s total pension fund assets rose to ₦23.65 trillion at the end of April 2025, up from ₦23.33 trillion in March, according to the latest unaudited report by the National …
-
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 …
-
EconomyFinance & ServicesGOVERNMENTLabourTechnology
Nigeria’s Pension Fund Hits N23.33tn in Q1 2025 as Regulator Pushes for Informal Sector Inclusion
Nigeria’s pension assets have grown to N23.33 trillion at the end of the first quarter of 2025, showing a 19 per cent year-on-year increase. This is based on the latest …