The value of pension funds in Nigeria increased by 2.23 percent month-on-month to cross the N20 trillion mark to N20.23 trillion in May 2024. According to the unaudited report on the pension funds industry portfolio for the period ended May…
Nigeria’s pension net asset value rose to N17.7 trillion at the end of October 2023, from N15 trillion in January 2022, and this was driven by diversified investment strategy, the Pension Fund Operators Association of Nigeria (PenOp) said. According to…
Part of the Pension Fund Assets invested in Federal Government Securities has recorded a significant growth to the tune of N10.196 trillion at first quarter of 2023. This represents a growth rate of 5.73 per cent N9.644 trillion recorded in…
The Federal Government is planning to source $1.5bn (N620bn) loan from pension funds to support its proposed N7.73trn investment in transport infrastructure over the next five years. Specifically, the government is seeking to obtain the facility to finance transport sector…
