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Pension Asset of IEI-Anchor PFA Hits N109bn

L-R: Femi Onoru, Company Secretary; Senator Rufai Hanga,Chairman and Glory Etaduovie,Managing Director,all of IEI Anchor Pension Managers during it’s Annual General Meeting, held recently in Abuja....

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PenCom Name Idu Okwuosa As MD Access Pension Fund Custodian

The National Pension Commission (PenCom) has approved the appointment of Mrs. Idu Okwuosa as the Managing Director of Access Pension Fund Custodian Limited. PenCom stated this in a publication...

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PenCom Says Pension Contribution Increase By N189.19billion In Q2 2020 *...

BY NKECHI NAECHE-ESEZOBOR-The National Pension Commission ( PenCom) has said that the total monthly pension contributions received from contributors from both the public and private sectors was N6.19...

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Uproar In Senate Over New PENCOM appointments

President Muhammadu Buhari has submitted the names of 6 nominees to the Senate for confirmation as Chairman, Director General and National Executive Commissioners of the National Pension Commission...

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Accrued Pension Rights: Lagos Retirees Gets Over N1bn For Sept

The Lagos State Governor, Mr Babajide Sanwo-Olu has fulfilled his promise with the payment of Accrued Pension Rights of N1,003,716,895.59 to another set of 219 retirees for the month of September. The...

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Quoted Equities Drives Pension Fund Investment Growth By 7.36% In Q2 2020, As...

BY NKECHI NAECHE-ESEZOBOR-The total value of pension fund assets based on unaudited valuation reports grew from N10.33 trillion as at March 2020 to N11.09 trillion as at June, 2020, representing a...

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Premium Pension Honors Its Members For Downloading Multi-Channel Mobile App

PRESS RELEASE–In its strategic plans aimed at enhancing customer service by providing premium experience to its esteem members Premium Pension has rewarded its Members across the country who emerged...

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Finally Senate Confirms Aisha Dahir-Umar As DG PenCom

Mrs. Aisha Dahir-Umar BY OUR REPORTERS –Despite protests by some lawmakers, the Senate on Tuesday confirmed the appointment of Mrs. Aisha Dahir-Umar, as the substantive Director-General of the...

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Data Recapture Exercise: PenCom Seeks Support Of Active RSA holders, Retirees

BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom) on Tuesday appealed to all active Retirement Savings Account (RSA) holders and retirees to cooperate with agents that would be...

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N392bn Projects Debt: Senate Asks FG To Consider Pension Fund

The Minister of Works and Housing, Babatunde Fashola, on Wednesday, told the Senate that the Federal Government owe construction firms handling 711 road projects across the country N392bn. The debt,...

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Lagos Pays Over N1bn To 246 Retirees

From left-Mr Olumuyiwa Oshin, Executive Director Finance & investment Lagos state Pension Commission, a Retiree, Mr Babalola Obilana Director-General Lagos state Pension Commission , during the...

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Expert Calls For Retooling Of Nigeria’s Economy, Review Of PRA 2014

L-R: Mr. Tokunbo Bello, Executive Director, Cornerstone Insurance Plc; Mr. Agudah Oguche, Chief Executive Officer, Pension Fund Operators Association of Nigeria (PenOp); Mrs. Idu Okwuosa, Managing...

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PenCom Fix Nov 16 For Takeoff Of RSA Transfer Window

Hajia Aisha Dahir-Umar, DG PenCom BY NKECHI NAECHE-ESEZOBOR-The National Pension Commission (PenCom) on Monday fixed Monday 16th November, as the takeoff date of Retirement Savings Account (RSA)...

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Premium Pension Partners Bauchi State On Contributory Pension Scheme

From Left: Chairman Board of Directors Mr. Ibrahim Alhassan Babayo presenting a souvenir item to the Governor of Bauchi State Senator Bala Mohammed while the MD/CEO Mr. Umar Sanda Mairami is watching...

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PenCom: President Buhari Appoints Dr Farouk Aminu Commissioner

President Muhammadu Buhari has appointed Farouk Aminu as a full-time Commissioner of the National Pension Commission. According to a separate letters read on the floor during plenary on Tuesday by the...

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Transfer Window: Over 2,100 RSA Holders Set To Switch PFAs

BY NKECHI NAECHE-ESEZOBOR-Less a month after the launch of the pension transfer window, the National Pension Commission(PenCom) on Thursday said over 2, 100 Retirement Savings Account(RSA) holders...

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Understanding How Transfer Window Works

BY NKECHI NAECHE-ESEZOBOR-Transfer window known as Retirement Savings Account Transfer System (RTS) was launched by PenCom on the 16th of November, 2020 in Abuja, in accordance with Section 13 of the...

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PenOp Restates Commitment To Increase Pension Awareness and Penetration

Mr. Wale Odutola, PenOp President PRESS RELEASE--Pension Fund Operators Association of Nigeria (PenOp), has reinstated commitment to deepening pension penetration in the country through increased...

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Borrowing Of N17trillion From Pension Fund Laughable-Expert

NKECHI NAECHE-ESEZOBOR—The proposed plan by governors of the 36 States of the federation last week to borrow N17 trillion from pension funds, have been described by expert as practically impossible...

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Pension Investments Are Safe – Idu Okwuosa

The Managing Director, Access Pension Fund Custodian (PFC) – Mrs. Idu Okwuosa, has reassured workers and retirees that all pension investments in the industry are insured, therefore there’s not a...

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