How PenCom’s Initiatives, Achievements Shaped Nigeria’s Pension Industry In 2023

The National Pension Commission (PenCom), the apex regulatory authority for Nigeria’s pension industry, marked 2023 as a momentous period in the nation’s pension regulation and administration history. Demonstrating its commitment to effective oversight and innovation, PenCom successfully executed noteworthy initiatives, shaping a positive trajectory for the pension landscape.

These initiatives manifested in a sustained growth of pension fund assets and CPS membership. This piece summarises PenCom’s journey, highlighting triumphs and an unwavering pursuit of excellence in 2023 as follows: