BusinessDay
Nigeria's leading finance and market intelligence news report.

Nigerian pension industry growth points the way to insurance sector

…Pension assets stand at N8.4trn, insurance N703bn 

With over N8.4 trillion sitting as Asset under Management (AUM), the Nigerian pension industry has a lot to teach the older insurance sector. Making the Contributory Pension Scheme compulsory in 2004 has helped the Nigerian pension industry grow its asset from zero to as high as N8.4 trillion as at end of November 2018, according…



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