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Asset Under Management In Pension Industry Declined To N19.7trn In March 2024

According to the most recent data from the National Pension Commission (PenCom), the regulated pension industry’s total assets under management (AUM) decreased mildly by N90.3bn to N19.7trn in Mar ’24....

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No Plans To ‘Illegal Access’ Workers’ Pension Contributions- Wale Edun

BY NKECHI NAECHE-ESEZOBOR--The Federal Government on Thursday denied report making the rounds that it plans to “illegally access” workers’ savings and pension contributions.  In a statement made in...

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Inflation: Legislators Push For More Investment Of Pension Contributions In...

BY NKECHI NAECHE-ESEZOBOR— Legislators at the weekend appluded Pension Fund Operations for investment pension contributions in real estate business. This was part of the discussions had at the Pension...

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Federal Lawmakers, PenOp Move To Consolidate Gains Of CPS

BY NKECHI NAECHE-ESEZOBOR–The licensed pension fund operators under the auspices of the Pension Fund Operators Association of Nigeria (PenOp) and federal lawmakers drawn from the National Assembly –...

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Leadway Pensure Announces Olusakin Labeodan As New Chief Executive Officer As...

Leadway Pensure, one of Nigeria’s leading Pension Fund Administrators (PFA), proudly announces the appointment of Olusakin Labeodan as its new Chief Executive Officer, effective June 1, 2024. This...

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2,000 Lagos Retirees Receive N4.5bn Benefits, As State Clears Outstanding...

Lagos State Governor, Mr. Babajide Sanwo-Olu (middle) presenting a retirement bond certificate to a Retiree, Sikirat Bolanle (3rd left);  Deputy Governor, Dr. Obafemi Hamzat (3rd right); Chairman,...

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Ondo Pays N1b Gratuity Arrears To Primary School, LG Retirees

Ondo State government has paid N1 billion as the gratuity arrears of 2012 retirees of the local government and primary school teachers. Gov. Lucky Aiyedatiwa of Ondo State, while flagging-off the bulk...

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PFAs Maintain Upward Trajectory In AUM Growth

According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +25.6% y/y to N20.2trn....

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Tinubu Sacks Aisha Dahir-Umar As PenCom DG , Appoints Replacement

BY NKECHI NAECHE-ESEZOBOR–President Bola Tinubu on Saturday sacked  Aisha Dahir-Umar as the Director General  National Pension Commission (PenCom). No reason was given for the sack.The president has...

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Oloworaran Assumes Office As PenCom DG

BY NKECHI NAECHE-ESEZOBOR–The newly appointed Director-General of National Pension Commission (PenCom), Omolola Oloworaran, on Wednesday assumed duties at the Commission, to serve in acting capacity...

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N50 Million To Be Won At Stanbic IBTC Pension Managers’ 2024 FUZE Talent Show

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has announced the eagerly awaited third season of the FUZE Talent Show with the theme, ‘Light it Up.’ Building on the success of...

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Encomium Pours As Aghahowa Retires From PenCom

It was a night of commendations and testaments of diligence and dedication to excellence service by everyone in attendance at the retirement dinner of Mr Peter Osamuede Aghahowa from the National...

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Christopher Bajowa Becomes New President Of PenOp As Mairami Bows Out

BY NKECHI NAECHE- ESEZOBOR–Pension Fund Operators Association of Nigeria (PenOp), has elected Christopher Bajowa, the Managing Director/Chief Executive Officer FCMB Pension Limited, as its new...

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