The National Pension Commission (PenCom) has formally adjusted the investment boundaries for Nigeria’s N21 trillion pension industry, a move analysts say will channel much-needed liquidity into the Nigerian Exchange (NGX) and generate more money for Pension Fund Administrators (PFAs).
“ When the PFAs allocate more of their asset under management growth to equities, that will drive transaction values and prices up. When prices rise, investors benefit,” Abdulrauf Bello, portfolio manager, Cowrywise, said.
In a recent release by PenCom to
The National Pension Commission (PenCom) has formally adjusted the investment boundaries for Nigeria’s N21 trillion pension industry, a move analysts say will channel much-needed liquidity into the Nigerian Exchange (NGX) and generate more money for Pension Fund Administrators (PFAs).
“ When the PFAs allocate more of their asset under management growth to equities, that will drive transaction values and prices up. When prices rise, investors benefit,” Abdulrauf Bello, portfolio manager, Cowrywise, said.
In a recent release by PenCom to