N5.03tn of N8.64tn pension funds invested in FGN securities

Matthew Otoijagha Pension Fund Administrators (PFAs) have invested N5.03 trillion out of the N8.64 trillion pension…

FG pays out N4bn to settle professors’, perm Secs’ pensions

Matthew Otoijagha Some retired professors and public office holders under the Contributory Pension Scheme who are…

FG makes National Identification Number mandatory for workers

The Federal Government has mandated all workers under the Contributory Pension Scheme to produce their National…

Investors lobby as PFAs invest N17bn pension funds in infrastructure

Pension Funds Administrators have raised their investments in infrastructure to N17.12bn from the pension money in…

Nigerian banks received N662.8bn lending from pension funds-Report

MATTHEW OTOIJAGHA Nigerian banks borrowed N662.8bn from the total pension funds under the Contributory Pension Scheme…

PenCom warns PFAs on death certificates

Matthew Otoijagha The National Pension Commission on Wednesday directed the Pension Fund Administrators to investigate the…

Retirees get N679.68bn pensions in 11 years –PenCom

A total of N679bn has been paid as accrued pension rights to retirees from 2007 to…

Contributory pension assets rise to N8.33tn

The total assets under the Contributory Pension Scheme rose by N100bn from N8.23tn in June to…

Appointed agent recovers N14.76bn outstanding pension contributions

Matthew Otoijagha The acting Director General of the National Pension Commission, Mrs. Aisha Dahiru-Umar, says its…

PenCom restores 25% lump sum payment to retirees

The National Pension Commission has suspended the payment of 20 per cent lump sum to retirees…

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