Nigeria’s pension assets rose to N29.52 trillion in March 2026 and this was driven largely by increased investment in Federal Government securities and domestic equities.
The rise has further reinforced the growing role of pension funds in financing the economy and deepening the capital market.
This latest data, which was released by the National Pension Commission (PenCom), showed that pension fund assets grew by 0.31 per cent from N29.43 trillion recorded in February, despite tight liquidity conditions and ongoing portfolio adjustments by Pension Fund Administrators (PFAs).
The growth was underpinned by stronger positioning in higher-yield assets, particularly government debt instruments and local stocks, as PFAs continued to rebalance portfolios in response to market conditions and inflationary pressures.
Analysts said the development highlights the increasing importance of pension assets as a stable source of long-term capital for the Nigerian economy, especially at a time when government borrowing needs and private sector funding demands remained elevated.
A breakdown of the data showed that investment in Federal Government securities climbed to N17.14 trillion, accounting for 58.07 per cent of total pension assets.
