Nigeria’s Pension Sector Records 51% Growth in 2 Years
Nigeria’s pension assets have risen to N31.48 trillion as of July 2026, up 51% from N20.79 trillion in July 2024, ...
Tag: Contributory Pension Scheme
Nigeria Pension Contributions Fall 38% in Q1 2026
Nigeria’s pension contributions under the Contributory Pension Scheme (CPS) fell sharply in the first quarter of 2026, reversing part of ...
PenCom’s Pension Reform Could Strengthen Savings but Raise Business Costs
The National Pension Commission (PenCom) is proposing an increase in the statutory pension contribution rate paid by employers as part ...
Nigeria Customs Pays N7.61bn Pension Benefits to 4,237 Retirees
The Nigeria Customs Service (NCS) has disbursed N7.61 billion in pension benefits to 4,237 retired officers under the Contributory Pension ...
Nigeria’s Pension Assets Rise 51% to ₦31.48tn as PenCom Highlights Reforms
Nigeria's pension assets under the Contributory Pension Scheme (CPS) increased by 51% over the past two years to ₦31.48 trillion ...
PenCom Defends Pension Investment Policy, Assures Nigerians of Fund Safety
The National Pension Commission (PenCom) has reassured Nigerians that pension savings remain secure despite its recent decision to allow Pension ...
PenCom Rejects Police CPS Exit, Seeks Full-Pay Pension Benefits
The National Pension Commission (PenCom) has ruled out the immediate exit of the Nigeria Police Force from the Contributory Pension ...
PenCom, ICPC Recover N3bn Unremitted Pension Contributions from Power Firms
The National Pension Commission (PenCom) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have recovered more than ...
PenCom, NURTW Plan Pension Scheme for 9 Million Transport Workers
The National Pension Commission (PenCom) has begun discussions with the National Union of Road Transport Workers (NURTW) on a major ...
Nigeria Pension Assets Hit N30 Trillion in April as Industry Expands
Nigeria’s pension industry crossed a major milestone in April, with total pension assets rising by 4.8% to N30 trillion, underscoring ...
