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    Pension & Retirement

    PFAs invest additional N693bn pension funds in banks

    The Pension Fund Administrators invested N693bn funds under the Contributory Pension Scheme in banks in nine months, according to data from the National Pension...

    Nigeria’s Pension Fund’s Net Asset Value Hits N13 Trillion in Q3 2021 as RSA Registrations Grow…

    Freshly released report on pension fund assets by National Pension Commission (NPC) showed that the net value of pension assets rose by 2.72% to...

    Kogi State Paid ₦11billion In Pension And Gratituity In 2021

    In the bid to further demonstrate the defining ideology of transparency, Accountability and Welfare for both workers and pensioners, the Kogi state Government has...

    Nigeria’s pension assets up by N7.79bn in September –SEC

    The Securities and Exchange Commission (SEC) has put the total pension assets under management (AuM) at N7.79 billion as at September 2021. Its Director General,...

    Pension Administrators Mop Up FGN Bonds, Shun T-Bills as Fund Grows to 12.90 trillion…

    Freshly released report on pension fund assets by National Pension Commission (NPC) showed that the total value of pension assets for the first eight...

    Lagos govt. pays 291 retirees N1.3bn pension benefits

    By Rukayat Adeyemi Lagos, Oct. 5, 2021 The Lagos State Government on Tuesday said it had paid 291 retirees of the state’s Public Service...

    Pension funds rise by N480bn in seven months

    The total pension fund assets under the Contributory Pension Scheme rose by N480bn between January and July 2021. Figures obtained from the National Pension Commission...

    Reps Move To Severe Police Pensioners From Contributory Pension Scheme

    A Bill for an Act to Amend the Pension Reform Act 2014 to provide for the exemption of the Nigeria Police Force from the...

    Nigeria’s Pension Asset Increased by 13% YoY to N12.78trn in July 2021

    PenCom's latest monthly report that the assets under management (AUM) of the regulated pension industry increased by 13.0% y/y to NGN12.78trn (USD31.1bn) at end-July...

    Lagos state govt. pays 8,170 retirees over N32bn in 2 years – Commissioner

    By Rukayat Adeyemi Lagos, July 31, 2021 Lagos State Government says it paid accrued pensions of more than N32 billion to 8,170 retirees between May...

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