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Pension Assets Rise To N14.9tn
According to figures obtained from the National Pension Commission, the total assets under the Contributory Pension Scheme rose by N1.56 trillion in 2022. In its latest ‘Report on pension industry portfolio for the period ended 31 December 2022’, PenCom disclosed that the funds, which ended December 31, 2022, at N13.42tn, rose to N14.99tn by the…
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Pension Assets Grow By 3.26%
According to the fourth quarter 2021 report of the National Pension Commission, the total value of Nigeria’s pension fund assets as at 31 December 2021 grew by 3.26 percent Quarter-on-Quarter to N13.42 trillion from N13.01 trillion recorded in September, 2021. PenCom said the growth was mainly due to pension contributions received and market valuation of…