Business

PenCom to sanction PFAs as only 17% of RSA holders recaptured

By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction  Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]
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Premium Pension’s portfolio hits N165bn

Premium Pension Ltd’s consolidated portfolio rose to N165. 112 billion in 2011, indicating an increase of 34.16 per cent over its 2010 portfolio which stood at N124.1 billion.

Read for life: Guinness employees empower schools

Employees of foremost brewer, Guinness Nigeria Plc, have once again come forward to contribute to the community under another “Friends of the Community” project tagged ‘Read for Life’.

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