PenCom bans substantial cross-shareholding among PFOs
The National Pension Commission has issued new guidelines prohibiting substantial cross-shareholding among licensed Pension Fund Operators. Released on Friday and effective immediately,…
Pencom
Trump’s new H-1B visa fees spark chaos for banks, tech firms
United States tech firms and banks scrambled this weekend after President Donald Trump imposed new fees on H-1B visa applications, prompting panic…
PenCom to expand pension coverage in informal sector
The National Pension Commission has unveiled new measures to boost pension inclusion in Nigeria’s informal sector by partnering with super agents and…
PenCom unveils new framework for pension fund performance
The National Pension Commission has issued a directive introducing a standardized framework for calculating and reporting investment performance across pension portfolios. The…
FG, NLC resolve pension fund dispute after PenCom meeting
The Federal Government and the Nigeria Labour Congress have successfully resolved a contentious dispute over workers’ pension funds, following a high-stakes meeting…
PenCom recovers N4.57bn from defaulting employers in one year
The National Pension Commission has recovered N4.57 billion from defaulting employers between Q1 2024 and Q1 2025, underscoring its resolve to safeguard…
PenCom considers new limits on alternative investments
The National Pension Commission says it is reviewing the share of funds that can be invested in infrastructure and private equity. The…
PenCom suspends seven mortgage banks over housing loan breaches
The National Pension Commission has suspended the acceptance and processing of equity contribution applications from seven Primary Mortgage Banks over alleged breaches…
FG appoints Opeyemi Agbaje as PenCom chairman after NLC ultimatum
The Federal Government has appointed Mr Opeyemi Agbaje as Chairman of the National Pension Commission (PenCom), following mounting pressure from the Nigeria…
PenCom urges FG to raise Police Pension contribution to 20%
The National Pension Commission has called on the Federal Government to raise its pension contribution for police officers from the current 10…
PenCom directive triggers push for pension clearance compliance nationwide
The National Pension Commission has sparked a surge in corporate compliance after directing companies to obtain Pension Clearance Certificates from all vendors…
PenCom, HOS partner on gratuity framework for civil servants
The National Pension Commission and the Office of the Head of the Civil Service of the Federation have agreed to collaborate on…