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 […]