Nigerian pension assets soar 4.17% to N20.48tn in Q2’2024
The National Pension Commission (PenCom) has maintained an upward growth trajectory as the contributory Pension Scheme (CPS) recorded a total asset of N20.48 trillion in the second quarter of 2024, marking a 4.17 per cent increase from N19.66 trillion it recorded in Q1 2024. According to PenCom, the number of pension contributions increased from 89,061 in the first quarter of 2024 to 100,063 in Q2 2024. It noted that remittance of pension contributions increased by 20.26 per cent from N314.17...
