Photo Credit: Punch / File
2025-12-19 14:00:00
The Punch reports that PenCom has extended the timeline for pension operators (PFAs and PFCs) to meet revised minimum capital requirements, moving the compliance deadline further out.
The extension is positioned as giving operators time to align with stricter capital rules intended to strengthen stability and protect contributors’ assets.
Verification: Nairametrics reported the revised deadline is 30 June 2027, and PenCom’s circular sets out the revised regulatory capital requirement framework.
Quotes: Nairametrics: “deadline is now set for 30 June 2027…” PenCom circular: “minimum capital requirement…”
Analysis/Echotitbits take: Recapitalisation will likely trigger consolidation. Watch for M&A activity, enforcement consistency, and whether PenCom balances market discipline with systemic stability.
Source: The Punch — 2025-12-19 — https://punchng.com/pencom-shifts-pension-recapitalisation-deadline-to-june-2027/
The Punch 2025-12-19
