Naira depreciation forces pension funds to dip by $6bn
The value of the pension fund in dollar terms declined by 29 per cent to $14.39bn in January 2024 compared to $20.41bn in December 2023.
Tag : Pension funds
Contributory Pension Scheme: pension funds recorded significant growth in 2022
The sound regulation and supervision of the Contributory Pension Scheme (CPS) in Nigeria by the National Pension Commission (PenCom) has yielded positive results, as evidenced
We’ll raise infrastructure finance from N13tn pension funds, others – CBN
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria plans to finance infrastructure projects with banking and pension monies. According to him,
Pension funds gained N119.68bn from equity in Q4 – PenCom
Pension fund investment gained N119.68bn from equity in the fourth quarter of 2020, the National Pension Commission has revealed. Figures obtained on Monday from the
Pension funds viable alternative to financing infrastructural projects – Sen. Aliero
The Chairman, Senate Committee on Works, Sen. Adamu Aliero, says pension funds are viable alternative sources to fund infrastructural projects, maintaining that borrowing 10 to
