Pension Assets Hit N21trn In August …C0NTINUE READING HERE >>>
Pension assets in Nigeria surged by N345 billion, reaching a total of N21 trillion in August 2024.
The contributory pension assets hit N21.14 trillion at the end of August 2024, as against N20.79 trillion recorded in July 2024, showing a N345.65 billion increase.
According to the latest data from the National Pension Commission (PenCom), the number of registered contributors, otherwise called Retirement Savings Account (RSA) holders also grew to 10, 457,073 at the end of August 2024, from 10,419,520 recorded in July.
The Nigerian government maintained its position as the lead borrower of…
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