FGN Securities rises 16.7%, boosts pension fund assets to N28trn

By Peter Egwuatu Nigeria’s pension industry Net Asset Value, NAV, has increased significantly by 24.6% on the back of rising yield on investments in Federal Government of Nigeria (FGN) securities, according to data from the National Pension Commission (PenCom). The latest report from PenCom shows that total Assets under Management (AuM) rose Year-on-Year, Y-o-Y, to    […] The post FGN Securities rises 16.7%, boosts pension fund assets to N28trn appeared first on Vanguard News.

By Urowayino Jeremiah