Business

Analysis: How Norrenberger Pensions Fund Accounts Performed In 2022

Norrenberger Pensions Limited acquired IEI-Anchor Pension Managers. The name of the company was then changed to Norrenberger Pensions Limited.


As of 31 December 2021, the company had shareholders’ funds of just slightly over ₦1.41 billion, as such needed to recapitalise before the deadline of the last regulator-induced recapitalisation exercise.


As of December 31, 2022, the company had increased its shareholders’ funds to close at just slightly over ₦5.0 billion.