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Nigeria pension assets jump 51% to $22.8 billion, regulator says

Nigeria pension assets jump 51% to $22.8 billion, regulator says

By GhanaSummary Newsroom

79 trillion naira in July 2024, a rise ​attributed to stronger confidence in ​the pension system.

A 758 billion naira bond ‌helped ⁠clear obligations dating back to 2007, benefiting 957,045 people through pension increases, accrued rights payments and ​other retirement ​benefits, PenCom ⁠said.80 billion), while membership of the country's contributory pension scheme ​grew by nearly 1 ​million workers to 11.

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