Tag: retirement savings

PenCom’s personal pension plan expands voluntary contributions nationwide

Business Damilola Bayonle -
The National Pension Commission (PenCom) has unveiled its rebranded Personal Pension Plan (PPP) — a major reform designed to...

Nigeria’s pension funds cross N25tn milestone amid strong growth

Business Damilola Bayonle -
Nigeria’s pension industry has achieved a historic milestone as Nigeria’s pension funds cross N25tn, reflecting sustained growth in retirement...

PenCom imposes bold ban on majority shareholding in multiple PFOs to protect pension assets

Business Damilola Bayonle -
The National Pension Commission (PenCom) has introduced fresh regulatory guidelines that categorically prohibit significant cross-shareholding in multiple licensed Pension...

PenCom boosts pension fund investment limits to supercharge returns

Business Damilola Bayonle -
The National Pension Commission (PenCom) is set to raise the investment limits for Pension Fund Administrators (PFAs) in infrastructure...

Labour pressure forces FG’s hand on PenCom

Business Damilola Bayonle -
The Federal Government has yielded to pressure from the Nigeria Labour Congress (NLC) by appointing Mr. Opeyemi Agbaje as...