Nigeria’s pension fund assets hit N24.63 trillion in June 2025, driven by equities and FGN securities
The nation’s pension fund industry sustained its upward trajectory in June 2025, with total assets under management growing to N24.63 trillion.
This represents an increase of 2.17 per cent growth from N24.11 trillion in May 2025, and a surge of 20.24 per cent year-on-year increase.
The growth trend reflects investor confidence, strategic asset reallocation, and improved market performance, particularly in domestic equities and government securities.
The recent data released by the National Pension Commission (PenCom), offers an insight into how Nigeria’s pension funds are navigating the investment landscape amid economic shifts.
A breakdown of the pension funds assets showed that Domestic ordinary shares saw a significant improvement, increasing by N333.05 billion or 12.12 per cent month-on-month to N3.08 trillion, contributing 12.5 per cent to the total asset under management.
The investment was buoyed by bullish sentiments in the Nigerian Exchange (NGX), improved corporate earnings, and increased risk appetite among Pension Fund Administrators (PFAs).
Also, Foreign ordinary shares grew up slightly by 0.95 per cent to N292.78 billion, indicating cautious optimism in global markets amid persistent macroeconomic uncertainties.
The Federal Government of Nigeria (FGN) securities maintained their dominance, accounting for over 61 per cent of total pension assets. The asset class grew by N232.96 billion or 1.56 per cent , rosing to N15.19 trillion in June.
FGN Bonds (HTM) rose moderately by 0.91 per cent to N12.79 trillion, recording a significant 51.9 per cent to the total asset portfolio.
Treasury Bills increased by 3.24 per cent to N624.15 billion, green bonds saw a surge of 361.15 per cent to N10.71 billion, up from N2.32 billion in the previous month.
Sukuk Bonds also recorded a modest 3.21 per cent increase to N89.64 billion.
Despite the decline of Agency Bonds by 5.50 per cent, the broad FGN securities category remains the most trusted and liquid investment channel for pension funds.