Over 8.41 million Nigerians have been captured in the Contributory Pension Scheme (CPS), with the number expected to rise as more Nigerians key into the scheme through...
Nigerian retirement savings accounts are still managing to add value to pension contributors.
Among the RSA funds the highest positive return for the month was recoded by Veritas Glanvills RSA Pension.
The Nigerian pension fund industry has been growing since the enactment of the pensions act of 2004.
As Nigeria’s ultra conservative pension funds, the Retiree pension funds, continue their slow but steady performance.
Lotus Halal Investment fund posted a YTD return of 4.49% in June.
Data from the National Bureau of Statistics showed that 7.9 million people of different ages enrolled into various pension funds.
PenCom is getting ready to start implementing the RSA Multi Fund structure from July 1st, 2018.
Nigerian pension funds took a major hit in May from the month’s volatile stock markets, suffering a drop in their performance for the first time in...
Nigeria’s RSA Pension funds posted a median gain of 3.76% during the first quarter of 2018, according to financial analysis firm, Quantitative Financial Analytics. Despite falling...