Pension funds have invested a record N1 trillion in the real estate sector in 2023. According to Oguche Agudah, CEO of the Pension Fund Operators Association...
According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +26.2% y/y...
Nigeria’s pension fund value has declined by 29% to $14.39 billion in January 2024. This drop attributed primarily to the ongoing depreciation of the naira against...
Pension Fund Administrators (PFAs) have strategically invested N130.18 billion from the Contributory Pension Scheme into infrastructure projects by the end of September 2023. The data from...
The Federal Government announced the successful disbursement of N1.02 billion to 7,091 pensioners from the Power and Transport Sectors of the Parastatals Pension Department. This vital...
The National Pension Commission (PenCom) announced that as of the end of the third quarter of 2023, the number of Retirement Savings Accounts (RSAs) under its...
In a startling development, the registration of workers into the Contributory Pension Scheme (CPS) took a nosedive in the second quarter of 2023 with new Retirement...
Despite Nigeria’s pension assets rising to an impressive N17.1 trillion in July, this financial prosperity is shadowed by a growing wave of discontent among pension contributors...
Over 15,000 retirees, who had not been receiving monthly stipends of at least N10,000 under the Contributory Pension Scheme (CPA), withdrew N7.79 billion from their Retirement...
Employees resort to dipping into their Retirement Savings Accounts (RSAs) amidst growing financial challenges
