The National Pension Commission (PenCom), has recovered about N24.53 billion as pension contributions owed workers by defaulting employers across the country. The Director-General of PenCom, Mrs Aisha Dahir-Umar, made this disclosure on Thursday in Lagos at the 2023 Labour Writers Association of Nigeria (LAWAN) Workshop with the theme ‘Securing the Future: The Benefits of the […]
Tag: Retirement Savings Account (RSA)
Nigeria’s Pension Fund Assets Hit N14.99Trn In 2022
Nigeria’s pension fund assets grew to N14.99 trillion as of December 2022, representing a 11.7% growth or N1.5 trillion compared to N13.42 trillion recorded in 2021. The latest Pension Industry report published by the National Pension Commission (PenCom) indicated that 11.7% growth recorded in year 2022 was 40.2% higher than the N1.12 trillion increase recorded in […]
Pension Fund Assets’ Value Up 3.64% In Q2
The National Pension Commission (PenCom) has reported a 3.64 percent growth in the nation’s pension fund assets in the second quarter of this year. Specifically, the commission in its latest report on the pension assets trend on quarterly basis, stated that the total value of pension fund assets based on unaudited valuation reports grew from […]