Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting a 1.91% month-on-month growth from N23.65 trillion in April.
This is according to the latest data from the National Pension Commission (PenCom).
The increase was driven by a combination of new Retirement Savings Account (RSA) registrations, robust investment income, and strategic reallocations across asset classes (both fixed-income and alternative investment classes), despite economic headwinds.