Business

Apple sues OpenAI over alleged theft of trade

  • 11th July 2026

Tanzanian richest bizman eyes $100m stake in Dangote’s

  • 11th July 2026

Digital payments reshaping Nigeria’s food service industry —

  • 11th July 2026

UK court rejects dieselgate claims against five car

  • 10th July 2026

Contact Info

Some Populer Post

Apple sues OpenAI over alleged theft of trade secrets

Business

Meta pulls AI photo editing feature after privacy backlash

Technology

Naira closes at ₦1,379.62/$ in official market, parallel rate

featured Finance

Tanzanian richest bizman eyes $100m stake in Dangote’s E’Africa

Business featured

Tag: Pencom

Insurance

PenCom plans new investment vehicle to fund pension industry infrastructure

Nigeria’s National Pension Commission is developing plans to establish a new investment vehicle that could channel resources from the country’s $22 billion pension industry into critical infrastructure projects. This is as the government seeks new sources of long-term financing for roads, railways, energy and healthcare. Nairametrics reported that the proposal was disclosed by PenCom spokesman […]

Business

Nigeria’s pension assets hit record N31.32tn in May

Nigeria’s pension fund assets climbed to a record N31.32 trillion in May 2026, underscoring the steady growth of the country’s pension industry despite persistent macroeconomic headwinds. The figure is contained in the unaudited monthly report of the National Pension Commission for the period ended May 31, 2026, released on June 29, 2026. The latest figure […]

Business

PenCom unveils child pension registration, FX contribution scheme

The National Pension Commission has unveiled an ambitious operational roadmap for the 2026 fiscal year, introducing a first-of-its-kind child registration initiative and foreign currency-denominated contribution options aimed at expanding pension coverage and strengthening financial inclusion across Nigeria. The roadmap, outlined in PenCom’s fourth-quarter 2025 industry report titled Stronger Pensions, Stronger Nigeria, signals the launch of […]

Business

PenCom directs MDAs to submit 2026 retiree data for scheme rollout

The National Pension Commission has instructed treasury-funded Ministries, Departments and Agencies to provide details of staff who have retired or are scheduled to retire between January 1 and December 31, 2026, as part of preparations for the rollout of the Federal Government’s newly approved Exit Benefit Scheme. In a circular dated June 16, 2026, PenCom […]

Insurance

92% of personal pension plan accounts dormant — PenCom

Amidst efforts by the National Pension Commission to include informal sector workers in the pension scheme, the Personal Pension Plan which caters to the informal sector, has remained stagnant. While the PPP has 215,412 registered Retirement Savings Accounts only 17,320 of these RSAs, which represents eight per cent, have received contributions. The remaining 198,092 RSAs, […]

Business

PenCom, NURTW move to enrol nine million transport workers

The National Pension Commission and the National Union of Road Transport Workers have commenced talks on a partnership to bring an estimated nine million transport workers into the Personal Pension Plan under Nigeria’s Contributory Pension Scheme. The development was disclosed in a statement issued by PenCom on Wednesday after the NURTW National President, Musiliu Akinsanya, […]

Business

PenCom launches monitoring platform to enforce pension compliance

The National Pension Commission has stepped up efforts to enforce compliance with the Contributory Pension Scheme by launching a dedicated monitoring platform aimed at states yet to fully implement the pension system. As part of the initiative, the commission inaugurated the first Bi-Annual Consultative Session for Heads of Service from non-compliant states, a move designed […]

featured Insurance

Under-30 drive pension growth as 44,837 join CPS in Q4 2025 — PenCom

More young workers under the age of 30 years signed into the Contributory Pension Scheme in the fourth quarter of 2025, Q4’25, as 44,837 contributors representing 39.03 per cent joined the scheme. This is as total Retirement Savings Accounts rose to 11,042,903 in Q4’25 from 10,928,039 recorded in Q3’25. According to the fourth quarter report […]

Investment

PenCom grants PFAs waiver to invest in Dangote Refinery IPO

The National Pension Commission has granted Pension Fund Administrators a special regulatory waiver allowing them to invest pension assets in the upcoming Initial Public Offering of Dangote Petroleum Refinery & Petrochemicals FZE. Nairametrics reported that the waiver, announced in a circular dated May 13, 2026, effectively suspends several investment restrictions, marking a significant shift in […]

Business

PenCom removes approval requirement for PFA advertisements

The National Pension Commission has scrapped the requirement for Pension Fund Administrators to seek prior written approval before publishing advertisements and marketing materials. The change was outlined in a circular dated May 8, 2026, signed by the Director of the Surveillance Department, A.M. Saleem. According to the commission, the new directive takes immediate effect and […]

Finance

PenCom to deploy tools for states pension compliance enforcement

The Director-General of the National Pension Commission, Omolola Oloworaran, has disclosed that the agency plans to deploy “tools” to enforce pension compliance at the state level. Nairametrics reported that she made this known during a press interview on Thursday on the sidelines of the maiden edition of the bi-annual consultative session for Heads of Service […]

Finance

Employees ₦30bn pension contributions stuck in PFAs accounts – PENCOM

Nearly N30 billion in pension contributions is currently stuck with Pension Fund Administrators instead of reaching employees’ accounts. The National Pension Commission attributes this N29.84 billion backlog to employer errors, such as inconsistent data and irregular schedules, which prevent the transfer of funds to individual Retirement Savings Accounts. Stanbic IBTC accounts for nearly half of […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in