Pension contributors rise by 1.3% in Q1’26, representing 12% of labour force
PenCom, in its 2026 first quarter report, said that active membership now corresponds to approximately 12.1% of Nigeria’s estimated 92 million labour force
Subsidy removal: S-West pensioners demand N40,000 minimum pension
To cope with the consequences of removal of subsidy on the Premium Motor Spirit, PMS, commonly known as Petrol, Pensioners in the South-West part of Nigeria have demanded for N40,000 minimum pension from the governors in the zone.
PenCom steps up customer satisfaction drive, unveils 5-year strategic plan
As part of its continued drive to ease retirement life for contributors and pensioners under the Contributory Pension Scheme, CPS, the National Pension Commission, PenCom, has unveiled fresh strategies to provide Retirement Savings Account, RSA, holders with better comfort and enhance customer service delivery.
Pension fund assets up 11.8% to N16.76tn in H1’23
By Victor Ahiuma-Young The National Pension Commission, PenCom, yesterday, said the total pension assets have risen to N16.76 trillion in the first half of 2023 (H1’23), indicating an increase of 11.8 percent over the N14.99 trillion recorded as at December 2022. Disclosing this in her opening remarks at a one day workshop for journalists in […]
Economic hardship: Workers withdraw N3bn from pension savings
The figure represents a 240.1 per cent rise from N887.9 million recorded in the fourth quarter of 2022, Q4’22.
Our pains over unpaid benefits — Retired Abia judges
“Not much was owed by the administration of Governor Theodore Orji. The bulk of the whole thing rose during Governor Ikpeazu’s time”
