According to figures obtained from the National Pension Commission, the total assets under the Contributory Pension Scheme rose by N1.56 trillion in 2022. In its latest ‘Report on pension industry portfolio for the period ended 31 December 2022’, Read More
Tags :Pencom
The Pension Fund Administrators (PFAs) interest in corporate debt securities rose by 43.9 percent Year-on-Year (YoY) in August, 2022. The PFAs committed N1.380 trillion at the end of August 2022 as against N960.58 billion in the corresponding period Read More
Cash withdrawals by workers from their pension contributions jumped by 17.5 percent to N6.65 billion in the second quarter of 2022, Q2 ’22. This is an increase from N5.66 billion recorded in the corresponding period of 2021. According to Read More
Data obtained from the National Pension Commission has shown that assets under the Contributory Pension Scheme rose to N14.36 trillion in July 2022, from N14.27 trillion reported in the previous month. This was contained in the Read More
According to the fourth quarter 2021 report of the National Pension Commission, the total value of Nigeria’s pension fund assets as at 31 December 2021 grew by 3.26 percent Quarter-on-Quarter to N13.42 trillion from N13.01 trillion recorded in Read More
Data obtained from the National Pension Commission has shown that the commission recovered N2.55bn pensions deducted by employers from employees’ monthly emoluments in 2021 but not remitted to the Retirement Savings Accounts with their Read More
National Pension Commission Pension has revealed that assets under the Contributory Pension Scheme rose by N1.11tn in 2021. According to the latest figures obtained from PenCom, in its unaudited reports on pension funds industry portfolio, Read More
A total of 48, 543 contributors switched pension fund administrators (PFAs) in 2021, valued at about N171.7 billion. The National Pension Commission said, in a bulletin published by the commission, in November 2020, it launched the RSA Transfer Read More
Data obtained from the National Pension Commission has shown that the assets under the Contributory Pension Scheme rose by N120bn in August 2021. PenCom, in its latest unaudited report on pension funds industry portfolio said Read More
The National Bureau of Statistics has said the insurance sector grew by 16.41 percent in the second quarter of the 2021. According to the second quarter performance for the finance and insurance sector, the figures, the insurance Read More