Pencom

November 16, (THEWILL) — The National Pension Commission (PenCom) has officially extended the deadline for compliance with its revised minimum capital requirements for Licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs), granting existing operators an additional six...

November 11, (THEWILL) — The Senate has confirmed the appointment of Olukayode Opeyemi Agbaje as the new Chairman of the National Pension Commission (PenCom). Agbaje, who represents the South-West, was nominated by President Bola Tinubu to head the commission. The Senate...

November 03, (THEWILL) — The National Pension Commission (PenCom) has said that more than 552,000 retirees in Nigeria are now receiving regular monthly pensions under the Contributory Pension Scheme (CPS).   The Commission also disclosed that total pension assets have surpassed...

October 26, (THEWILL) — Nigeria’s pension assets have grown over N25 trillion, fueling national development through strategic investments, the Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran has said.   Oloworaran disclosed this on Friday (October 24) at...

September 21, (THEWILL) — The Federal Government plans to issue a N758bn bond before the first week of October to clear outstanding pension liabilities, the National Pension Commission has disclosed.   This was disclosed at a press briefing in Abuja by...

August 24, (THEWILL) — The National Pension Commission has warned Pension Fund Administrators (PFAs) against investing in the Additional Tier-1 Capital of Deposit Money Banks. The warning was conveyed in a circular addressed to all licensed Pension Fund Operators, which...

June 22, (THEWILL) – It is evident that the National Pension Commission (PenCom) has stepped up  measures to deal with those whose actions sabotage the 21-year-old scheme. The Commission recently said it will blacklist organisations that fail to meet their pension...

June 17, (THEWILL) – The National Pension Commission (PenCom) has disclosed its partnership with the Office of the Head of the Civil Service of the Federation (OHCSF) to introduce a Gratuity Framework for civil servants in treasury-funded Ministries Departments...

May 26, (THEWILL) – As the June 1, 2025 take-off date for enforcement of the new benefits approval process draws near, the Pension Commission of Nigeria (PenCom) will, as usual, leverage on technology to drive the regulation.   Pursuant to its...

March 16, (THEWILL) – In a major policy overhaul, the National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits without...