Nigerian Banks Borrow N764.32bn From Pension Fund   Nigerian banks borrowed N764.32bn from the total pension funds under the Contributory Pension Scheme as of the end of September this year. Figures obtained by our correspondent from the National Pension Commission revealed that the amount translated to 19.16...

N5.2tn Of Pension Fund Invested In FG securities By PFAs   Out of the total N7.52tn total pension assets as of December 31, 2017, about N5.29tn, representing 70 per cent of the entire fund, was invested in Federal Government securities by Pension Fund Administrators. The figures are...

UN Appoints Adeosun Into Pension Fund’s Investments Committee The United Nations, has appointed Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). The Under-Secretary-General of United Nations, Jan Beagle, who confirmed Adeosun’s appointment, disclosed that...

With the rising housing deficit in the country, stakeholders in the building and construction sector are calling for more investment in housing development from the growing pension fund. The Chairman, Association of Estate Agents in Nigeria, Mr. Chudi Ubosi, said at a Mandatory Continuous Professional...