Nigeria's pension assets rose 51% in two years to 31.48 trillion naira ($22.80 billion), while membership of the country's contributory pension scheme grew by nearly 1 million
The report indicates that nigeria’s pension assets rose 51% in two years to 31.48 trillion naira ($22.80 billion), while membership of the country’s contributory pension scheme grew by nearly 1 million workers to 11.32 million, the National Pension Commission (PenCom) stated on Tuesday.
It further notes that penCom chief Omolola Oloworaran told reporters that assets under management increased from 20.79 trillion naira in July 2024, a rise attributed to stronger confidence in the pension system.
Source: myjoyonline.com
