PFAs Register 2,166 Micro Pension Contributors In Three Months
Informal sector BY NKECHI NAECHE-ESEZOBOR–About 19 Pension Fund Administrators (PFAs) registered 2,166 contributors under the Micro Pension Plan (MPP) in the fourth quarter of 2021, the National...
View ArticlePremium Pension Grows AUM By 12.34% To N885.05billion In 2021
L-R Board Directors, Gen. Bitrus Kwaji (Rtd), Muhammad Musa Makarfi, Lawal Aminu and Board Chairman Ibrahim Alhassan Babayo at the 17th AGM. NKECHI NAECHE-ESEZOBOR–Despite economic challenges in...
View ArticleRecapitalisation: 20 PFAs Meet PenCom Deadline
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom) on Friday said all Pension Fund Administrators (PFAs) have complied with the new minimum Regulatory Capital of N5 billion. This is...
View ArticlePTAD Directs Pensioners Yet To Receive April Pension To Lodge Complaints
The Pension Transitional Arrangement Directorate (PTAD), has directed Defined Benefit Scheme (DBS), pensioners yet to receive their April monthly pension, to send their complaints to its office. PTAD,...
View ArticleAccess Bank Holdings To Acquire Majority Equity Stake In Guarantee Pension
BY NKECHI NAECHE-ESEZOBOR–Access Holdings Plc trading as Access Corporation on Thursday announces that it has entered into a definitive agreement with First Guarantee Pension Limited regarding the...
View ArticleFirst Pension Custodian To Acquire 100% Stake In Access Pension Fund Custodian
BY NKECHI NAECHE-ESEZOBOR–First Pension Custodian Limited, a subsidiary of First Bank of Nigeria Limited has announced it has entered into a definitive agreement with Access Bank Plc for the planned...
View ArticleContributory Pension Gains N640bn In Four Months, Hits N14tn
Total assets under the Contributory Pension Scheme rose by N640bn in four months to N14.06tn in April, according to figures from the National Pension Commission released on Friday. This was contained...
View ArticleDigital Verification Of FG Retirees To Commence June 20, Says PenCom
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom) has said that it would commence digital verification and enrolment of prospective retirees/prospective retirees of Federal Government...
View ArticleGov. Akeredolu Appoints Tonia Smart As Chairman Ondo State Pension Commission
Dr. ( Mrs.) Tonia Smart BY NKECHI NAECHE-ESEZOBOR–Ondo State Governor, Arakunrin Oluwarotimi Akeredolu,SAN, on Tuesday constituted the Board of the Ondo State Pension Commission led by Dr. (Mrs)...
View Article‘$33.4bn Pension Funds’ll Boost Infrastructure, Sustain Growth’
The Coronation Asset Management has said Nigeria can make use of domestic pensions rather than global debt for national development. It also said the country can unlock sustainable growth by...
View ArticleMicro Pension: PenCom Approves N644m For Eight Contributors In Q1 2022
NKECHI NAECHE-ESEZOBOR--The National Pension Commission (PenCom), said it processed and approved Five Pension Fund Administrators (PFAs) requests for contingent withdrawals of N644,368.94million from...
View ArticleStanbic IBTC Pension Managers Pledges Commitment To Enhancing Organisations’...
Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings has reiterated its commitment to the well-being of its customers....
View ArticleStanbic IBTC Pension Managers Launches ‘Make Extraordinary Happen’ Campaign
PRESS RELEASE —Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, recently launched a robust marketing campaign to further drive awareness of the Pension scheme as well as its...
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Lagos State Pays N43bn Accrued Pension Rights To 11,644 Retirees In 3 Years
From left: Lagos State Commissioner For Establishments, Training and Pensions, Ajibola Ponnle presenting retirement certificates to one of the retirees with the Director-General , LASPEC, Mr Babalola...
View ArticlePFAs AUM Rose To N14.27 trillion H1 2022, As RSA Registration Grows By 2.8%...
The National Pension Commission (PenCom), said total Asset Under Management (AUM) by Pension Fund Administrators ( PFAs) rose by 6.28% ytd to N14.27trn as of June 30, 2022, from N13.42trn in December...
View ArticlePFAs’ Recapitalisation Necessary To Expand Coverage – Says PenCom
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission, (PenCom) on Thursday said that the recapitalisation of Pension Fund Administrators, (PFAs), was aimed at accommodating more contributors in...
View ArticleAccrued Rights: Lagos State Govt Fails To Honour N2 billion Monthly...
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom), said the Lagos State Government has consistently failed to honour the N2 billion monthly commitment to clear the accrued rights of...
View Article89,327 Artisans Embrace Micro Pension Scheme
BY NKECHI NAECHE-ESEZOBOR–89,327 workers have registered under the Micro Pension Plan of the National Pension Commission as of the end of fourth quarter, 2022, the National Pension Commission has...
View ArticleLeadway Pensure Named West Africa’s Most Outstanding PFA Brand of the Decade
Leadway Pensure PFA Limited, one of Nigeria’s foremost Pension Fund Administrator (PFA), has been named West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa...
View ArticlePremium Pension Grows Profit By 35.51% To N2.654bn FY22
L-R Managing Director/CEO Mr. Umar Sanda Mairami, Board Chairman Mr. Ibrahim A. Babayo, Executive Director Business Development North & Strategy Mr. Kabir A. Tijjani, Executive Director Business...
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