Business
  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

Pension managers raise securities market investment by N8.7bn, as PFA funds hit highest level

 

Nigerian Pension Fund Administrators (PFAs) increased investment in the Nigerian stock market to N1 trillion in May, up from the N999 billion they closed April with. The investment value rose by N8.73 billion month-on-month, IgbereTV reports

The PFAs have invested N84.69 billion in the capital market year-to-date. This is an increment of 9.25% when compared to the N915.31 billion the pension managers held in the Nigerian bourse early January

 

According to the pension funds industry unaudited report for May 2022, investment in the stock market grew alongside the total asset under management, which hit N14.19 trillion, its highest level

  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

Please give us your valuable comment

Your email address will not be published. Required fields are marked *

*

Sorry for the interruption

We are deeply concerned with our user experience. Which is why we use responsible ads.

Please work with us by disabling your ad blocker and let's create a sustainable web together.

I get it. I have disabled my ad blocker. Please let me in.