4 articles tagged
The Nigerian government has officially inaugurated the Governing Board of the National Pension Commission (PenCom), tasking its new members with enforcing stringent governance and risk management protocols to safeguard the nation's N28 trillion in pension assets.
Nigeria's stock market experienced a significant surge in January and February 2026, adding N24.4 trillion in market capitalization. This growth was driven by a shift from low-yield bonds to equities, influenced by improved macroeconomic conditions and strong corporate financial results.
Nigerians participating in the Contributory Pension Scheme often question the safety of their funds managed by pension fund administrators. This article explores the measures in place to protect these pension assets amid ongoing concerns.
The National Pension Commission (PenCom) has authorised a substantial increase in pensions for 2,116 retirees previously under the Nigeria Social Insurance Trust Fund (NSITF). This review, the first in 21 years, saw monthly benefits rise significantly, with N8.7 billion disbursed in arrears to eligible pensioners.
