Premium Pension Limited (PPL), one of Nigeria’s leading Pension Fund Administrators (PFAs) in terms of investment return has achieved great milestone in the Nigeria’s pension industry as the leader in returns in investment in terms of absolute unit value.

A review of the website of PFAs as at 30th September reveals the highest value of N5.1416.Further investigation revealed that the performance of Premium Pension is being followed by NLPC Pension Limited and Crusader Pension with absolute unit values of N5.1156 and N50726 respectively. Also, based on our investigation of other PFAs indicates that ARM Pension has achieved N4.7933, IBTC Pension N4.6527 and FCMB Pension N4.5399.

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The unit values of other PFAs are PAL Pension with N4.4532, AIICO N4.1548, First Guaranty N4.0614, TrustFund N4.0108, Leadway N4.0025 and Sigma Pensions with N3.8267 as at 30th September, 2020.

The absolute unit value is a measure of fund performance which reflects cumulative investment return on pension contributions overtime with long term strategic focus.

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.

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