Nigeria’s pension assets rose to N29.43 trillion in February 2026, marking a month-on-month increase of N1.39 trillion.
Data released by the National Pension Commission (PenCom) shows that the increase surpasses the previous record of N1.18 trillion in the previous month.
It also represents the strongest monthly expansion since the introduction of the Contributory Pension Scheme over two decades ago,
PenCom data showed that total pension assets increased from N28.04 trillion in January, driven by fresh contributions and valuation gains.
Investment in domestic equities rose to N5.41 trillion, highlighting increased pension fund participation in the Nigerian stock market.
Foreign equity exposure remained relatively low at N261.99 billion, reflecting cautious positioning by fund managers amid global uncertainties.
Corporate debt securities climbed to N2.25 trillion, while investments in state government bonds stood at N368.99 billion.
Money market instruments increased to N2.74 trillion, with fixed deposits and bank acceptances accounting for N2.50 trillion and commercial paper investments at N209.23 billion.
The data indicates strong liquidity in the system alongside a gradual diversification of pension fund investments.
Nigeria’s pension industry has maintained steady growth despite macroeconomic challenges.
Total assets under management stood at N28.04 trillion in January 2026.
