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Oil workers ‘shut down’ NNPC over pensions

    Oil workers ‘shut down’ NNPC over pensions

The Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has embarked on industrial strike today after they failed to reach an

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Nigeria’s pension assets hit N4tr – and counting

    Nigeria’s pension assets hit N4tr – and counting

The National Pension Commission (PENCOM) said on Tuesday that pension assets are now in excess of N4tr ─ compared to liabilities of over N2tr before reform 10 years ago. Mrs Chinelo

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PenCom to PFAs: Comply with ground rules or be sanctioned

    PenCom to PFAs: Comply with ground rules or be sanctioned

The National Pension Commission (PenCom) says it will sanction some Pension Fund Administrators (PFAs) for non-compliance with regulatory requirements on the management of the growing pension funds. A compliance report forwarded

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From N2tr liability to N4tr asset, Nigeria’s pension is booming

The National Pensions Commission (PenCom) has seen its books move from a N2 trillion deficit to N4 trillion asset in its 10 years of operations. The acting Director-General, Mrs Chinelo

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