Nigeria’s pension industry is heading into a decisive phase as Pension Fund Administrators (PFAs) confront an estimated N276.8 billion capital gap ahead of the June 2027 recapitalisation deadline set by the National Pension Commission (PenCom). With roughly 17 months left on the clock, the recapitalisation exercise, described by regulators as critical to safeguarding contributors’ funds, has intensified pressure on operators and is already reshaping the structure of the industry through mergers and acquisitions. This is just as PenCom Director-General, Ms Omolola Oloworaran, has made it clear that the regulator will not retreat from the new capital regime......................….......READ MORE