PenCom Lifts Restriction On LPFAs Investing In Commercial Papers

PenCom Lifts Restriction On LPFAs Investing In Commercial Papers

By Oluwakemi Kindness The National Pension Commission (PenCom) has lifted restriction on Licensed Pension Fund Administrators (LPFAs) investing in commercial papers where capital market operators act as Issuing and Paying Agents (IPAs). PenCom announced the decision in a Circular issued on Tuesday and signed by the management of PenCom led by Omolola Oloworaran as Director-General. PenCom had in October 2024 directed all LPFAs to suspend further investment in commercial papers […]

December 3, 2024 15 13

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Economy

Senate Confirms Omolola Oloworaran as DG PenCom

By Oluwakemi Kindness The Senate has confirmed the appointment of Ms Omolola Oloworaran as the Director General of the National Pension Commission (PENCOM). The confirmation on Thursday followed the consideration and adoption of the Report of the Senate Committee on Establishment and Public Service at plenary. It would be recalled that President Bola Ahmed Tinubu had earlier requested the Senate to confirm the appointment. Omolola Oloworaran was appointed Director General, […]

November 21, 2024 20 5

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National Assembly

Presidential Aide Commends Tinubu’s Commitment to Financial Reforms As Senate Screens PenCom DG

By Anayo Akwitti The Special Adviser to the President on Senate Matters, Senator Bashir Lado Mohammed has commended President Bola Ahmed Tinubu, for his ongoing financial reforms and emphasis on fiscal discipline. This he said is as particularly demonstrated during the screening of Ms. Omolola Bridget Oloworaran, the newly appointed Director-General of the National Pension Commission (PenCom) by the Senate. Speaking in a statement he said the screening by the […]

October 11, 2024 15 2

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