N8.13trn of Nigeria’s pension assets locked in FG bonds

Nigeria’s pension assets

N8.13trn of Nigeria’s pension assets locked in FG bonds Pension Funds Administrators (PFAs) in Nigeria have sustained their age-long appetite for the less risky federal government bonds as 66.1 per cent of total pension assets in the country is currently locked in the bonds. Latest statistics show that total pension assets under the Contributory Pension Scheme rose by 21 per cent to hit N12.3 trillion as of the of the 2020. According to the data obtained from the National Pension Commission (PenCom) on Friday, this figure is N2.1 trillion higher…

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