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Pension Assets Jump N522 billion in June as Domestic Equities Lead Gains

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The total value of Nigeria Pension assets jumped by N522.85 billion ($337 million) in June compared to May 2025 levels, led by gains in domestic equities.

Net asset value of Pension Funds in the country hit N24.63 trillion ($15.9 billion) in June 2025, up 2.2% compared to N24.1 trillion ($15.54 billion) in the prior month, according to the latest data from regulator PENCOM.

Domestic equities value surged to N3.08 trillion ($1.98 billion) in June, compared to N2.74 trillion ($1.76 billion) in May.

The largest asset class remained FGN securities (including bonds and treasury bills), whose net assets totalled N15.18 trillion for the period.

Value of Pension Fund assets invested in corporate debt securities fell to N2.264 trillion, from N2.293 trillion, while Money Market placements fell to N2.23 trillion from N2.31 trillion.

The total number of Retirement Savings Accounts (RSA) registrations increased to 10.796 million in the period.

Nigerian stocks have gained 37.25 percent year-to-date (YTD), led by gains in large caps such as MTN that has returned +140% year to date and GTCO up +74.56%.

The top five Pension Fund Administrators (PFA’s) in terms of Retirement Savings Accounts (RSA’s) at the end of December 31, 2024, were Stanbic IBTC Pension Managers with 2,182,952, Access Pensions Limited with 2,121,474, Premium Pension Limited with 821,189 , Leadway Pensure PFA Limited with 739,165 , and Trustfund Pensions Limited with 830,290.

These Pension Fund Administrators consistently feature among the top players and collectively indicate strong operational outreach and customer acquisition strategies.

In total, the top five Pension Fund Administrators accounted for 66.69% of all RSA registrations in the fourth quarter of 2024, highlighting the continued dominance of a few large players within the industry.



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