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19,969 retirees switch PFAs amid declining transfer trend

In the quest for better management and significant return on investment for their pension savings, a total of 19,969 Retirement Savings Account holders transferred their pension contributions from one Pension Fund Administrator to another in the fourth quarter of 2025. The value of funds transferred within the quarter stood at N153.31 billion. However, the number […]

Pension remittances: 20 firms default, pay N211.5m penalty
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PFAs invest N74.54bn in infrastructure, investors eye pension funds

Pension Fund Administrators invested N74.54bn in infrastructure from the N13.76tn under the Contributory Pension Scheme as of the end of February 2022. This was contained in the latest figures obtained from the National Pension Commission. Investors have continued to lobby operators of the scheme to pump more of the funds into infrastructure development. The Governor […]