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Pensions

Pension Funds Rise By 17.05% YoY To N22.86tn In January 2025

Nigeria’s pension funds industry has increased to N2.86 trillion as at January 2025. On a year-on-year basis, the pension fund recorded a growth of N3.33 trillion, reflecting 17.05 per cent when compared to January 2024 figure of N19.53 trillion. This was revealed

March 31, 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

Anambra's Security Shake-up: Will New Police Leadership Derail Progress?

Opinion

Police And Contributory Pension Scheme

By Ikechukwu Amaechi The Senate, on 4th July 2024, passed for a second reading a bill that seeks to remove police retirees from the Contributory Pension Scheme (CPS). Promoters of the bill, which seeks, among other things, to replace the Nigeria Police

July 11, 2024

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

Business·News

Pension Fund Administrators Allocate N130.18bn To Infrastructure Investment

Pension Fund Administrators (PFAs) have allocated a sum of N130.18 billion from funds under the Contributory Pension Scheme (CPS) towards infrastructure investments by the end of September 2023. This was disclosed in the unaudited report on the pension funds industry portfolio

November 27, 2023

News·Politics

Attention Turns To Akpabio, Others As Senator Dankwambo Rejects Ex-Governor Pension Entitlements

The Senator representing Gombe North, Dr Ibrahim Dankwambo, has asked the state governor, Muhammadu Yahaya, to suspend the payment of the monthly pension and allowance of N694,557.82 accruing to him as a former governor.

November 1, 2023

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business·News·Top Stories

PenCom Reacts To Access Bank’s Takeover Bid For First Guarantee Pensions

The National Pension Commission (PenCom) on Thursday reacted to Prime Business Africa’s report on Access Bank’s move to acquire controlling shares in First Guarantee Pensions Limited (FGPL), a pension fund administrator (PFA), saying ‘‘any investor interested in a PFA or any PFA

April 22, 2022

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Pensions

Pension Funds Rise By 17.05% YoY To N22.86tn In January 2025

PenCom Unveils Board To Regulate Interest-free Pensions

Police And Contributory Pension Scheme

Pension Fund Administrators Allocate N130.18bn To Infrastructure Investment

Attention Turns To Akpabio, Others As Senator Dankwambo Rejects Ex-Governor Pension Entitlements

PenCom Reacts To Access Bank’s Takeover Bid For First Guarantee Pensions

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