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Tag Archives: PFAs

PFAs invest N6.5tn of pension fund in FG securities

PFAs

Out of the total N9.03tn pension assets as of March 31, 2019, about N6.5tn, representing 72.06 per cent of the entire fund, was invested in Federal Government securities by Pension Fund Administrators (PFAs). The figures are contained in a report for the industry obtained by our correspondent on Friday from the National Pension Commission. An analysis of the report showed ...

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PenCom approves 135 Firms to Participate in FG Deals

Pencom

The National Pension Commission (PenCom) has cleared 135 companies to bid and participate in federal government businesses. The firms have been issued with certificate of compliance to enable them participate in government deals. PenCom disclosed this in a recent statement published on its website. The companies were certified fit for business by the commission as at January 9, 2019. The ...

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