August 27, 2025 — The National Pension Commission (PenCom) has recovered a total of N4.57 billion from defaulting employers over the last five quarters, according to the Chief Executive Officer of the Pension Fund Operators Association of Nigeria (PenOp), Oguche Agudah. Agudah, who disclosed this during a media briefing in Lagos, explained that the recoveries
Abuja, Nigeria — August 17, 2025 | President Bola Ahmed Tinubu has appointed Opeyemi Agbaje as the new Chairman of the National Pension Commission (PenCom), in a move aimed at reinforcing the administration’s commitment to pension sector reforms. The Presidency confirmed the appointment on Saturday, noting that it aligns with government efforts to safeguard workers’
Nigeria’s pension fund industry has continued on a positive trajectory, with the total assets under the Contributory Pension Scheme (CPS) surging to ₦23.33 trillion as at the end of March 2025. This was revealed by the National Pension Commission (PenCom) during an official briefing held in Lagos on Thursday. According to Mr. Saleem Abdulrahman, the
