4 articles tagged with “pension funds”
Federal High Court orders account freeze for Petrocam Trading and its principal over alleged ₦9.05 billion debt to Zenith Bank, while Alexander Forbes processes over 100,000 pension withdrawals in five days, causing technical strain.
Nigeria's Central Bank reports 20 lenders have satisfied revised minimum capital thresholds ahead of the March 2026 deadline, while pension fund equity allocations climbed to N3.96 trillion over five years, signaling strengthened institutional participation in domestic markets.
Governments worldwide are intensifying tax pressure on high-net-worth individuals while African financial markets undergo structural shifts, with Nigerian pension funds rotating toward equities and South Africa's central bank mandating greater lending rate transparency.
PenCom's upward revision of equity exposure limits for retirement savings funds could release nearly N1 trillion in immediate liquidity into the Nigerian Exchange, while parallel reforms in tax administration and regional banking policy signal broader structural shifts across West Africa's largest economy.