Pencom Archives

Director-General, PenCom, Aisha Dahir-Umar

Contributory asset rose above N1tn in one year- PenCom

The Contributory Pension Scheme’s asset rose from N13.76tn as of the the end of February 2022 to N15.45tn February 2023 which account for a N1.68tn increase in one year. PenCom made this disclosure in its unaudited report on the pension funds industry portfolio, accessed by The Punch. This report covers the period up until February […]

oojopdnlimited-com
10th April 2023
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News

PenCom workers permitted to use pension for mortgage

The National Pension Commission has started giving workers permission to use 25% of their Retirement Savings Accounts for mortgage. According to The PUNCH, this was disclosed by the agency on Friday via a press statement titled, ‘PenCom approves guidelines on accessing Retirement Savings Account balance, for payment of equity contribution for residential mortgage by RSA […]

oamudipepdnlimited-com
24th September 2022
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At least 20 companies have been forced to pay approximately N211.5 million in accumulated interest charges on unremitted pensions of their employees in the second quarter of 2022.

Insurance News

Pension remittances: 20 firms default, pay N211.5m penalty

At least 20 companies have been forced to pay approximately N211.5 million in accumulated interest charges on unremitted pensions of their employees in the second quarter of 2022. According to The Nation, this is a 28.4% decrease from the N295.5 million in similar charges paid by employers in the first quarter of 2022. However, in […]

oamudipepdnlimited-com
20th September 2022
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Dangote Cement inducts 200 engineers after graduate training

Unilever Nigeria’s 2025 profit after tax hit N30.7bn

Nigeria eyes Africa’s second-largest cloves production with 74,000

LIRS begins enforcement of substitution powers for tax

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Tag: Pencom

Contributory asset rose above N1tn in one year- PenCom

PenCom workers permitted to use pension for mortgage

Pension remittances: 20 firms default, pay N211.5m penalty

Shell deepens Nigerian stake with $20bn fresh investment

Access Bank to host second Africa trade conference.

Private jet with eight passengers aboard crashes at.

Dangote Cement inducts 200 engineers after graduate training

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