Pension Assets Hit N23trn As Pencom Intensifies States’ CPS Adoption Drive

A welcome boost amid all the turmoil for pension funds: funding ratios rose in the first quarter of 2025. Although total assets fell due to significant losses on the stock markets, rising interest rates mean that funds are in better shape on paper than they were a few months ago.

PenCom Recovers N1.58bn from Pension Defaulters

By Adedapo Adesanya The National Pension Commission (PenCom) has announced the recovery of N1.58 billion from defaulting employers through enhanced enforcement efforts as total pension assets under management (AuM) surpassed N23 trillion as of February. The Director General of PenCom, Ms Omolola Oloworaran, made this disclosure on Wednesday in Kano during the First Run 2025 […]

Pension Assets Hit N23trn As Pencom Intensifies States’ CPS Adoption Drive

The National Pension Commission (PenCom) has announced that pension assets under management have exceeded ₦23trn as of February this year. Director-General of PenCom, Omolola Oloworaran, revealed this on Wednesday in Kano during the first-run 2025 consultative forum for states and the Federal Capital Territory (FCT). Oloworaran also said that the commission used more stringent enforcement tactics to collect ₦1.58bn from employers who had default…

Nigeria: Pension assets hit N23tn, as PenCom recovers N1.58b from defaulting employers - Worldstage

WorldStage Newsonline– The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. The Director General of PenCom, Ms Omolola Oloworaran said on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the Federal Capital Territory (FCT) that state remittances had also improved, reflecting a greater adoption of the Contributory Pension S…