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PenCom Says Pension Reforms Aim to Expand Financial Inclusion
NigeriaEconomy

PenCom Says Pension Reforms Aim to Expand Financial Inclusion

The National Pension Commission (PenCom) says its ongoing Pension 2.0 reforms are designed to remove barriers to pension participation and extend financial inclusion...

Personal Pension Plan Faces Funding Hurdle as 91% of Accounts Remain Unfunded
EconomyBusinessNigeria

Personal Pension Plan Faces Funding Hurdle as 91% of Accounts Remain Unfunded

Nigeria’s Personal Pension Plan (PPP) is facing a major funding challenge, with about 91 per cent of registered accounts reportedly remaining unfunded, raising...

Pension Inflows Rise 42% as Over 91% of Personal Pension Accounts Remain Dormant
BusinessNigeria

Pension Inflows Rise 42% as Over 91% of Personal Pension Accounts Remain Dormant

By Benson Daniel Quarterly contributions under Nigeria’s Personal Pension Plan rose by 42.46 per cent to N147.16 million in the first quarter of...

PenCom Says 38% Pension Contribution Drop Masks Stronger Underlying Growth
BusinessNigeria

PenCom Says 38% Pension Contribution Drop Masks Stronger Underlying Growth

By Benson Daniel The National Pension Commission, PenCom, has clarified that the reported 38.1 percent decline in pension contributions in the first quarter...

Pension Funds Reach N31tn as Operators Seek Private Equity Opportunities
BusinessNigeria

Pension Funds Reach N31tn as Operators Seek Private Equity Opportunities

By Benson Daniel Operators in Nigeria’s pension industry are increasingly exploring private equity and other alternative investments as the value of pension fund...

PenCom to Strengthen Investment Framework, Launches Three New Strategic Initiatives
NigeriaBusiness

PenCom to Strengthen Investment Framework, Launches Three New Strategic Initiatives

By Benson Daniel The National Pension Commission (PenCom) has announced plans to refine its investment framework while unveiling three strategic initiatives aimed at...