Friday, 29th March 2024
To guardian.ng
Search
Breaking News:

PENCOM

18 Mar
Pension fund administrators (PFAs) who fail to enlighten pensioners on programmed withdrawal and other features risk a fine of N500,000. The National Pension Commission (PenCom) said the feature includes retirement life annuity
11 Mar
Director General of National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, has described as “totally misleading” reports that the Commission gave a N10 trillion loan to the Federal Government.
21 Feb
Amid controversy surrounding the management of the pension funds, the National Pension Commission (PENCOM) said pension assets rose from N10.22 trillion in 2019 to N18.36 trillion in December 2023.
31 Jan
The National Pension Commission (PenCom) said the total number of retirement savings account (RSA) holders in the country has increased to 10.19 million as of the end of December 2023.
17 Jan
The National Pension Commission (PenCom) said a total of 245,625 retirement savings account (RSA) holders have changed their pension fund administrators (PFAs) between 2020 and 2023.
18 Dec
The National Pension Commission (PenCom) has advised former employees of defunct companies in the country to approach their pension fund administrators (PFAs) to reclaim N12 billion in the transition contribution funds (TCF) in their custody.
13 Nov
The National Pension Commission (PenCom) has urged the organised private sector (OPS) to intensify the campaign for the Micro Pension Plan (MPP), which seeks to expand retirement savings.
27 Oct
Some members of the Organized Private Sector (OPS) have revealed that only 10 million out of the 73 million Nigerian workers have enrolled in the Contributory Pension Scheme (CPS).
9 Oct
The National Pension Commission (PenCom) has called on the Nigeria Employers Consultative Association (NECA) to develop new robust programmes that would improve compliance to the contributing pension scheme (CPS) among its members.
9 Oct
Revolution in Nigeria’s pension industry is irreversible amid pockets of challenges, Director-General of National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, has stated.
2 Oct
The poor state of the economy has brought untold hardship on Nigerians, pushing many to survival. Those who are out of jobs are falling back on the 25 per cent out-of-job withdrawal from their pension savings to survive.
25 Sep 2023
The National Pension Commission (PenCom) has launched a new scheme which will help provide additional benefits to employees upon retirement.

Latest

1 day ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 day ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
1 day ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
1 day ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
1 day ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
1 day ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
1 day ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
1 day ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
1 day ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
1 day ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…