Pension assets hit N14.9trn as govt borrows N8trn

The National Pension Commission (PenCom) has disclosed that ñbbjnjvalue of pension fund assets has increased to N14.59 trillion as at the end of October 2022.

This is a 7.20 per cent or N909 billion increase when compared to N13.6 trillion, it stood as at January 2022.

PenCom stated this in the monthly pension report that captured the assets under management by Pension Fund Administrators (PFAs).

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