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PenOp: Sharia-compliant Pension Fund for launch before June 2021

The President of Pension Fund Operators Association of Nigeria (PenOp), Mr. Wale Odutola, has said that the new Pension Sharia Fund may be launched in the first half of the…

Electricity Pensioners demand payment of pension arrears

Pensioners who retired from the electricity sector have urged President Muhammadu Buhari to come to their aid in order to resolve the lingering issue of N35billion pension arrears owed to…

PenCom decries poor pension payment of retirees

Aisha Umar, the Director-General of the National Pension Commission (PenCom) has expressed discontent on the poor pattern of retirees’ pension payment.

Status of the Implementation of the CPS in various States in Nigeria – March 2021

Spread the loveClick to download the National Pension Commission’s Report on the implementation of the Contributory Pension Scheme (CPS) in the various 36 States and the Federal Capital Territory in…

Non-remittance of Pension funds to PTAD: Senate summons insurance companies

Spread the loveThe Senate Committee on Public Accounts Wednesday summoned NICON Insurance Plc, AIICO Insurance and other insurance companies over their reported failure to remit ₦17.4 billion Pension Fund to…

Nigeria’s Pension Funds Assets shed 0.47%, drops to ₦12.25 trillion in February 2021

Spread the loveThe value of Nigeria’s pension fund assets dipped by ₦58.21 billion from ₦12.306 trillion recorded in December 31 2020 to ₦12.247 trillion in February 2021, the latest report…

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