Non-interest Finance: How Non-Interest Fund (Fund VI) will boost investment – Expert
The National Pension Commission, PenCom, has released a multi-fund structure VI that would enhance investments in the non-interest financing sector, deepen financial inclusion, and encourage voluntary contributions by holders of…
Rivers, Kwara, Plateau and 4 other States to pass the bill on Contributory Pension Scheme (CPS)
According to the National Economy newspaper, seven states of the federation are expected to pass a bill on the new pension scheme in their state legislatures. The Pension Reforms Act…
Investment in FG securities by PFAs increases to N8.29 trillion as at end of August 2021 – Report
Investigations have revealed that the Federal Government has borrowed a massive N8.29 trillion from Pension Fund Assets, which stood at N12.9 trillion at the end of August 2021. Despite the…
PenCom releases 2020 Annual Report
The National Pension Commission (PenCom) has released the 2020 Annual Report of the Contributory Pension Industry. You can download the full report here
Yobe approves N422m for pensions and gratuities
Yobe State Governor Mai Mala Buni has approved N422 million for the payment of 359 ex-workers pensions and gratuity. The payment is claimed to be for batch 44, according to…
Only 20 out of the 36 states have joined the CPS – PenCom report
According to a National Pension Commission (PenCom) report titled ‘Level of implementation of the Contributory Pension Scheme by states as of June 2021’, 20 states have yet to begin paying…
