…as equity gains boost returns Nigeria’s pension assets climbed to N29.43 trillion in February, delivering a N1.39 trillion month-on-month surge, the strongest expansion in the more than two decades since the Contributory Pension Scheme was introduced. The jump eclipses the previous high set in January 2024, when assets rose by N1.18 trillion, underscoring a new phase of rapid, market-driven growth in the industry. Data from the National Pension Commission (PenCom) show the increase from N28.04 trillion in January 2
…as equity gains boost returns Nigeria’s pension assets climbed to N29.43 trillion in February, delivering a N1.39 trillion month-on-month surge, the strongest expansion in the more than two decades since the Contributory Pension Scheme was introduced. The jump eclipses the previous high set in January 2024, when assets rose by N1.18 trillion, underscoring a new phase of rapid, market-driven growth in the industry. Data from the National Pension Commission (PenCom) show the increase from N28.04 trillion in January 2