• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Pension Assets Rise By N1.7trn In H1

by Bukola Idowu and Andrew Ojiezel
2 years ago
in Business
Pension
Share on WhatsAppShare on FacebookShare on XTelegram

The nation’s pension fund assets rose significantly, in the first half of 2023, precisely, by N1.7 trillion from N14.99 trillion in December 2022 to N16.76 trillion at the end of June 2023.

Advertisement

This is even as 146,920 new pension contributors joined the scheme in the first half of 2023.

The director general, National Pension Commission(PenCom), Aisha Dahir-Umar, made the disclosure at the 2023 Journalists’ Conference, in Lagos yesterday.

Dahir-Umar, who was represented by the head, Corporate Communications of the commission, Abdulqadir Dahiru, noted that, pension fund membership had also increased by 146,920 new contributors, from 9.86 million members as of the end of 2022 to over 10 million members as of June 2023.

Dahir-Umar also disclosed that the commission has created a new department to address contributors’ complaints in a bid to further enhance better and seamless pension service delivery.

RELATED

Mobile Phone Subscribers Shrink 30% As SIM-NIN Policy Takes Effect

SIM Swap, Registration Temporarily Halted As Telcos Migrate To New NIMC System

3 hours ago
Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

9 hours ago

The creation of the Consumer Protection Department (CPD), she said, underscores PenCom’s determination to prioritise service delivery and provide Retirement Savings Account(RSA) holders with the care and attention they rightfully deserve.

PenCom’s proactive regulatory approach, she stressed, “has strengthened the oversight and governance of pension funds, promoting transparency, accountability and safeguarding the interests of pension contributors.

“The CPS has ensured that public and private sector workers can build retirement savings throughout their working lives, fostering financial security during their golden years.”

The DG appealed to employers of labour to embrace the spirit of contributory pension scheme that can pave way to smooth and enjoyable retirement after active service life.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Katsina Govt Pays N300m Compensation For Airport Expansion

Next Post

Nigeria Broadens Ultra-Deepwater Crude Oil Operations With TGS-Petrodata Deal

Bukola Idowu and Andrew Ojiezel

Bukola Idowu and Andrew Ojiezel

You May Like

Mobile Phone Subscribers Shrink 30% As SIM-NIN Policy Takes Effect
Business

SIM Swap, Registration Temporarily Halted As Telcos Migrate To New NIMC System

2025/07/02
Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director
Business

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2025/07/01
FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote
Business

Dangote Refinery Slashes Petrol Price To N840

2025/07/01
Carloha Nigeria Supports Lifemate’s Anniversary With New Vehicle
Business

Carloha Nigeria Supports Lifemate’s Anniversary With New Vehicle

2025/07/01
Kiss918 Table Games: A Chill Malaysian Guide To Winning Big
Business

Kiss918 Table Games: A Chill Malaysian Guide To Winning Big

2025/07/01
External Reserves Decline $3.5bn In 6 Months
Business

External Reserves Decline $3.5bn In 6 Months

2025/07/01
Leadership Conference advertisement

LATEST

Bauchi One Of The Most Secure States, Bala Tells Investors

Education Beats Poverty, Not AI, Tinubu Tells Saint Lucians Students

Tinubu Reaffirms Commitment To Infrastructural Development

Trump, Musk Feud Escalates As US President Threatens To Cut Subsidies

Coalition: APC Unfazed As Atiku, Lamido Court PDP Leaders

Dangote Refinery Slashes Ex-depot Price By N40

Dangote, Burna Boy, Others Set To Inspire At Kigali Summit

Nigeria’s Democratic Journey: The Need For Electoral Reform Through Electronic Voting

SIM Swap, Registration Temporarily Halted As Telcos Migrate To New NIMC System

Education Beats Poverty, Not AI, Tinubu Tells Students In Saint Lucia

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.