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2 clusters · 7 sources · 13 days · First seen · Last updated

Nigeria pension fund asset growth

Overview

Nigeria’s pension fund assets reached a record ₦31.8 trillion as of August 31, 2026, according to unaudited data from the National Pension Commission (PenCom). This represents a growth of approximately ₦3.76 trillion during the first eight months of the year, a 13.41 per cent increase from the ₦28.04 trillion recorded in January.

The industry experienced monthly fluctuations, including a growth of roughly ₦690 billion in May, a reversal in June where assets fell by approximately ₦630 billion, and a strong recovery through July and August.

As of August, the number of Retirement Savings Account (RSA) holders rose to 11,391,008. Federal Government securities remain the dominant asset class, accounting for ₦17.80 trillion of the total assets. PenCom estimates the dollar value of the industry’s assets at approximately $23.9 billion.

Entities

National Pension Commission · National Pension and Provident Fund · FSD Africa · Nigeria · Pension Industry Infrastructure Consortium

Timeline

  1. [BUSINESS] 3 sources
    Nigeria pension assets reach record ₦31.8 trillion

    Nigeria’s pension assets grew to a record ₦31.8 trillion by August 2026, up 13.41% since January, driven by increased RSA holders and significant investments in Federal Government securities.

  2. [BUSINESS] 5 sources
    Pension funds report major capital allocations in Bhutan and Nigeria

    Pension funds in Bhutan and Nigeria report significant capital movements, with Bhutan's NPPF managing Nu 74.02 billion and Nigeria's PenCom securing ₦241 billion in commitments for infrastructure.

Sources

businessbhutan.bt · economicconfidential.com · iroyinyorubatv.com.ng · primanews.org · punchng.com · thenicheng.com · tribuneonlineng.com