The National Pension Commission (PenCom) is set to collaborate with the Office of the Head of the Civil Service of the Federation (OHCSF) to reintroduce a gratuity scheme for civil servants in treasury-funded Ministries, Departments,…
Interswitch, a leading technology company, has launched Interswitch PensionRemit, a fully automated platform designed to simplify pension contribution remittances for Nigerian employers. In a statement on Monday, the company announced that the platform became operational…
The Contributory Pension and Happy Retirement Advocacy (COPEHRA) has applauded President Bola Tinubu for his transformative leadership in Nigeria’s pension sector over the past two years. In an interview with the News Agency of Nigeria…
Nigeria’s pension funds continue to favour low-risk government securities at the expense of potentially higher-yielding investments, according to the latest data from the National Pension Commission (PenCom). The unaudited March 2025 report published on the…
The National Pension Commission (PenCom) has issued a directive requiring all service providers and vendors working with Licensed Pension Fund Operators (LPFOs) to present valid Pension Clearance Certificates (PCCs), in a move aimed at enhancing…
The House of Representatives Committee on Pensions is set to amend the Pension Reform Act (PRA) 2014 to address emerging issues in Nigeria’s pension system. Committee Chairman, Mr. Hussaini Jalo, disclosed this during a stakeholder…
Stakeholders in Nigeria’s pension industry have called for increased government funding, stronger institutional collaboration, and policy reforms to enhance regulatory effectiveness and improve contributor welfare. The calls were made on Saturday at the inaugural Pension…
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has disclosed that newspaper organisations in Nigeria owe retired journalists more than N1.3 billion in unpaid pension contributions. A statement issued in Abuja on Tuesday…
The National Pension Commission (PenCom) has recovered ₦1.58 billion from defaulting employers through intensified enforcement efforts, even as assets top N23 Trillion. The Director General of PenCom, Ms Omolola Oloworaran, disclosed this during the First…
The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has disclosed that the Nigerian pension industry has committed N5.51 trillion to asset classes that support long-term financing in the real sector. The…
