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Business News Nigeria·3 min read·medium

PenCom clears pension arrears for 957,000 as assets rise 51% to N31.5tn

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Anthony Ailemen
PenCom clears pension arrears for 957,000 as assets rise 51% to N31.5tn
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The National Pension Commission of Nigeria has settled arrears for 957,000 pensioners while reporting a 51% increase in pension assets to N31.5 trillion. The growth is attributed to increased confidence in the Contributory Pension Scheme and the addition of over 900,000 new contributors.

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