Pencom

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC)...

July 30, (THEWILL) - The National Pension Commission (PenCom) has denied the allegations that its Director-General, Mrs Aisha Dahir-Umar, claimed millions of dollars in estacodes during the COVID-19 lockdown in 2020, describing the allegation as “outrageous falsehood and fiction”. The...

The National Pension Commission (PenCom) has said it is further diversifying investments in pension fund portfolio assets as inflation rates continue to rise. The move is in a bid to ensure that average annual pension fund returns for Retirement Savings...

Stanbic IBTC Holdings Plc paid a total of N159 million as punishment against its subsidiaries for breaching various regulatory guidelines in the 2022 financial year. The penalties were imposed by the Central Bank of Nigeria (CBN), National Pension Commission...

April 09, (THEWILL) - The National Pension Commission (PenCom) has warned members of the public against activities of an illegal group involved in unlawful activities concerning retired workers pension benefits. The group which goes by the name, Association of Pension...

April 03, (THEWILL) – The National Pension Commission (PenCom) has approved the withdrawal of over N1.72 trillion for Pension Fund Administrators to pay Retirement Savings Account (RSA) holders from inception to 31st December 2022. According to PenCom in its...

December 10, (THEWILL) - The National Pension Commission (PenCom) has released a list of 34 mortgage Banks, licenced for the Residential Mortgage scheme for Retirement Savings Account Holders. The mortgage financial institutions approved for the scheme include Abbey Mortgage...

October 15, (THEWILL) – The National Pension Commission (PenCom) has announced the commencement of 2023 online Verification and Enrolment Exercise for retirees/prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies. PenCom said this in a statement on its Website. It...

September 17, (THEWILL) – The National Pension Commission (PenCom) has debunked reports that the least paid employee in the Commission earns about N3 million monthly. The Commission was responding to reports that lawmakers had discovered that it budgeted N12 billion...

September 13, (THEWILL) – The National Pension Commission (PenCom) has raised an alarm, over the increasing cash withdrawals by sacked workers from their pension contributions Fund. PenCom in a report, released on Monday, said such withdrawals jumped by 17.5...