
The National Pension Commission has approved a 24-month regulatory forbearance that allows Pension Fund Administrators (PFAs) to invest in a wider array of securities issued by the parent companies of their Pension Fund Custodians (PFCs). This decision aims to enhance investment opportunities for PFAs, according to Nairametrics.
AI summary. Verify with the original source.
Read full story at Nairametrics ↗
Listen
Unlock audio summaries, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumBackground facts
Unlock wikipedia facts, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumCovered by 3 sources
- Leadership (NG), LEADERSHIP News
- ThisDay Live, Ayo Yusuf
- Nairametrics, Israel Ojoko
Similar stories

The federal government has announced the clearance of N39.6 billion in pension arrears, settling liabilities for over 24,000 retirees. These payments address longstanding pension obligations owed to former employees of defunct public enterprises and financial institutions under the Defined Benefit Scheme, according to the Minister.
Premium Times Business·July 3, 2026 at 10:14 AM
The Coalition of United Political Parties (CUPP) has requested a comprehensive investigation into the activities of the Presidential Foreign Intervention Promotion Council (PFIPC). They urged relevant authorities to look into allegations against the council and to prosecute any individuals found guilty. This statement was made during an interview in Abuja on Sunday, according to Vanguard.
Vanguard (NG)·July 5, 2026 at 4:20 PM
Enitan Bello conducted an independent review of Nigeria's budget documents from 2019 to the present, uncovering details about the PFIPC scandal that have not been widely discussed. The findings highlight aspects of the scandal that remain overlooked in public discourse.
ThisDay Live·July 5, 2026 at 1:36 AM
The Securities and Exchange Commission (SEC) of Nigeria has approved Koinkoin Global Network Limited, GIGX Technologies, Blockvault Custodian Ltd, and six other Virtual Asset Service Providers (VASPs) for its Accelerated Regulatory Incubation Programme (ARIP). This Approval-in-Principle allows the nine entities to commence operations within the SEC's regulatory sandbox.
Ripples Nigeria·July 5, 2026 at 11:40 AM
The People's Democratic Party (PDP) has raised concerns about a 'pattern of institutional failure' regarding the PFIPC scandal, which involves Prince Adeniyi Adeyemi claiming he was lawfully appointed as the Director-General of the PFIPC. This claim is contested by the Presidency, which asserts that the council is fictitious. The PDP is calling for an independent investigation into the matter, according to Channels TV.
Channels TV·July 5, 2026 at 5:55 PM
The Nigerian Ports Authority (NPA) is calling on stakeholders to collaborate in tackling challenges along the Nigerian port corridor. The initiative aims to enhance operational efficiency and reduce issues affecting the corridor's functionality, according to Punch Business.
Punch Business·June 25, 2026 at 12:56 AM