Browsing Tag
PenCom
3 posts
PenCom Threatens Penalties Over Slow Pension Account Data Recapture
PenCom is planning to enforce sanctions on Pension Fund Administrators due to a sluggish response in the mandatory Retirement Savings Account data recapture initiative.
Federal Government borrowing and elevated interest rates fuel growth in pension fund investments
Pension fund investments in Nigerian government debt securities grew significantly in May 2026, driven by rising yields and the government's increased borrowing requirements.
PenCom Rejects Police Exit from Pension Scheme, Prioritizes Enhanced Benefits
PenCom Director-General Omolola Oloworaran confirms the police remain part of the Contributory Pension Scheme, pledging to negotiate improved benefits for officers while bolstering the safety and growth of pension investments.