Citing Exponential Growth in Assets under Custody, PenCom Slams N30bn Capital Thresholds on PFAs, N25bn on Custodians

Citing Exponential Growth in Assets under Custody, PenCom Slams N30bn Capital Thresholds on PFAs, N25bn on Custodians

Festus Akanbi The National Pension Commission (PenCom) has raised the minimum capital for pension operators from N2 billion to N20 billion for Pension Fund Administrators (PFAs), N30 billion for the
Source: Citing Exponential Growth in Assets under Custody, PenCom Slams N30bn Capital Thresholds on PFAs, N25bn on Custodians

-----
post culled from thisdaylive