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Pension
PFAs Exposure In Equities Market, FGN Bond Drop By N174.5bn To N12.23trn
The Pension Fund Administration (PFA) exposure in the equities market, and FGN Bond dropped by N174.5billion in September to N12.23trillion from N12.40trillion.
This was disclosed by the National Pension Commission in its September 2023…
US Investors Canvass More Pension Funds In Nigerian Capital Market
The Senior Investment Advisor, Prosper Africa, Cameron Khowsroshahi has canvassed that more of the Nigerian pension fund is invested in the capital market.
Currently, 9.32 percent of the N17.92 trillion total pension assets amounting to…
PENCOM Remits N103bn to 119,865 Employees In Q1 2023
The National Pension Commission (PenCom) has disclosed that a sum of N103,469,914,514.26 was remitted into the Retirement Savings Accounts (RSAs) of 119,865 employees of the 4,487 organisations that were issued Pension Clearance…
Access Pensions Surpasses N1 Trillion AUM Milestone
Access Pensions Limited, a subsidiary of Access Corporation, has surpassed the N1 trillion mark in assets under management (AUM) in just six months
The Company is an offshoot of the December 2022 business combination of Sigma Pensions…
PenCom Workers Appeal Judgment Against Unpaid Salaries, Unlawful Labour Practice
The aggrieved staff of the National Pension Commission, (PenCOM), numbering 20 have appealed against the judgment of the National industrial court, (NIC ) over unpaid salaries and unlawful labour practice.
The aggrieved staff instituted…
Court Fixes May 19 For Judgement In Retirees’ Suit Against FG
The National Industrial Court sitting in Abuja, on Tuesday, fixed May 19 to deliver judgement on a suit that aggrieved retirees from the six geo-political zones of the country, filed against the Federal Government over alleged…
Access Corporation Pour N1trn In Pension Subsidiary
Access Corporation, the Holding Company of Access Bank Plc, says it has invested N1 trillion into Access Pension, one of its subsidiary firms targeting to create significant growth for the group in the next five years.
The Group…
PenCom Approves Global Trust Mortgage Bank, Infinity Trust, 32 Others For Residence Funding
The National Pension Commission (PenCom) has approved 34 mortgage banks for full implementation of the acquisition of residential mortgages by Retirement Savings Account (RSA) holders.
Ekiti Gov Constitutes Committee On Unpaid Gratuities
Ekiti State Governor, Biodun Oyebanji has set up a five-man committee to look into the raging issue of outstanding gratuities to pensioners in the state.
Aggrieved Retirees Sue FG, Allege Disparity In Pension Policy
Retirees across six geo-political zones of the country have gone to the National Industrial Court in Abuja challenging the federal government over alleged discrimination in the implementation of pension policy.
The plaintiffs, in the…