Nigeria’s pension assets hit N32trn

Nigeria’s pension assets hit N32trn

Emma Ujah, Abuja Bureau Chief Nigeria’s pension assets have risen to N32 trillion, the Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has disclosed. Receiving a delegation from Kenya’s Retirement Benefits Authority in Abuja yesterday, she disclosed that the assets were approximately 10.4 percent of the nation’s Gross Domestic Product (GDP). She said growth in pension assets over the years reflected the sust…

Nigeria’s Pension Fund Assets Rise to N32 Trillion, Equal to 10.4% of GDP - Tech

Nigeria’s pension assets under management have grown to over N32 trillion, equivalent to approximately 10.4 per cent of the country’s Gross Domestic Product, the National Pension Commission has disclosed. The Commission disclosed this as a four-member delegation from Kenya’s Retirement Benefits Authority (RBA) arrived in Abuja on Monday to study the frameworks that have driven that growth over more than two decades of reform. The Kenyan delegati…

Nigeria’s Pension Assets Reach N32 Trillion

Nigeria’s pension assets have grown to N32 trillion, marking another milestone in the country’s pension reform journey, according to the National Pension Commission (PenCom). The disclosure was made by PenCom Director-General Omolola Oloworaran while receiving a delegation from Kenya’s Retirement Benefits Authority (RBA) in Abuja. Represented by the Director of the Surveillance Department, Abdulrahaman Muhammad Saleem, she stated that the asset …