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Pencom

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

At the end of trading on Wednesday, August 20, the shares of Infinity Trust Mortgage Bank were dumped following the National Pension Commission (PenCom) clampdown on the company for flouting housing loan rules. Prime Business Africa gathered that the share price of

August 21, 2025

News

Tinubu Appoints Agbaje As PenCom Chairman After Labour Ultimatum

President Tinubu has appointed financial strategist and lawyer Opeyemi Agbaje as the new Chairman of the National Pension Commission (PenCom), days after the Nigeria Labour Congress (NLC) issued a seven-day ultimatum demanding the constitution of the commission’s governing board. The NLC had

August 18, 2025

News

PenCom Seeks Increase Of Police Pension To 20%

The National Pension Commission (PenCom) has called for a significant increase in police pension contributions, urging the Federal Government (FG) to raise its contribution from 10 per cent to 20 per cent to enhance retirement benefits for police officers. This proposal is part of broader reforms

August 16, 2025

Business

PenCom Unveils Board To Regulate Interest-free Pensions

The National Pension Commission (PenCom) has established the Pension Industry Non-Interest Advisory Committee to improve transparency, security and compliance with non-interest pension products. Director-General of PenCom, Omolara Oloworaran, stated at the inauguration in Abuja on Monday that the move is consistent with

March 4, 2025

Business·News

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

the Nigerian Exchange Limited (NGX) has unveiled its collaborative initiative with the National Pension Commission (PenCom) to solidify the NGX Pension Broad Index (NGXPENBRD).

January 5, 2024

Business·News

PenCom Pushes Micro Pension Plan For Informal Sector As Awareness Grows

Nigeria’s Pension Commission (PenCom) has highlighted the need to adopt the Micro Pension Plan (MPP) as a way of boosting retirement security for the often overlooked informal sector. Dauda Ahmed, Head of the Micro Pensions Department at PenCom, emphasized the MPP’s role

November 13, 2023

Nigeria’s Pension Fund Assets Surge To N17.658trn In October 2023

AMA News

PenCom Recovers N25.13bn Unremitted Pension From Defaulting Employers

National Pension Commission (PenCom) announced on Wednesday that it has recovered N25.13 billion from defaulting employers, with N12.80 billion representing principal contributions and an additional N12.33 billion in penalties for delayed payments.

October 25, 2023

Business

PenCom Defends DG, Dahir-Umar, Amid Millions Of Dollars In Estacode Allegation

The National Pension Commission (PenCom) has absolved its director general (DG), Aisha Dahir-Umar, of financial impropriety made against her. PenCom said its attention was drawn to some reports alleging that Dahir-Umar was paid millions of dollars during the COVID-19 lockdown in 2020

July 31, 2023

Business

PenCom Recovers N384.28 million Pension Contributions, Fines 34 Defaulting Employers

The National Pension Commission (PenCom) recovered N384.28 million pension contributions owed workers from 34 defaulting employers. According to the Director-General of PenCom, Aisha Dahir-Umar, the companies were fined N191.22 million for not remitting N193.06 million pension contributions. The penalty and pension contribution

May 19, 2023

Business

Nigeria’s Total Pension Fund Up By N1.68 trillion, Gov’t Securities Take Large Chunk

The total pension fund assets increased by 12.28 per cent according to the National Pension Commission (PenCom). This represents N1.68 trillion in monetary form. According to unaudited data obtained from the National Pension Commission, the total pension fund assets closed at N15.45 trillion

April 11, 2023

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Pencom

Shareholders Of Infinity Trust Mortgage Bank Record Biggest Loss In 2025 After PenCom Blacklist Firm

Tinubu Appoints Agbaje As PenCom Chairman After Labour Ultimatum

PenCom Seeks Increase Of Police Pension To 20%

PenCom Unveils Board To Regulate Interest-free Pensions

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

PenCom Pushes Micro Pension Plan For Informal Sector As Awareness Grows

PenCom Recovers N25.13bn Unremitted Pension From Defaulting Employers

PenCom Defends DG, Dahir-Umar, Amid Millions Of Dollars In Estacode Allegation

PenCom Recovers N384.28 million Pension Contributions, Fines 34 Defaulting Employers

Nigeria’s Total Pension Fund Up By N1.68 trillion, Gov’t Securities Take Large Chunk

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