Nigeria’s pension assets rose sharply to N29.43 trillion in February, recording a N1.39 trillion increase within a single month—the largest growth since the introduction of the Contributory Pension Scheme over two decades ago.
This surge surpasses the previous record set in January 2024, when assets expanded by N1.18 trillion, highlighting a new phase of accelerated, market-driven growth in the pension industry.
The development signals increasing strength and resilience in the sector, driven by improved investment performance and sustained contributions, positioning the industry for continued expansion.
