By Peter Egwuatu
Pension assets invested in the Federal Government of Nigeria, FGN, debt securities rose 17.5% Year-on-Year, YoY, to N17.479 trillion in May 2026 from N14.468 trillion in the corresponding period 2025, according to data from the National Pension Commission, PenCom.
Financial analysts said the development is driven by high interest environment in the financial market and sustained Federal Government (FG) borrowings.
The total pension Net Assets Value, NAV increased by 27.1%, YoY, to N31.322 trillion in May 2026 from N24.654 trillion in the corresponding period 2025 on the back of rising yield on investments in FGN securities.
The PenCom data also reveals that FGN Bonds accounted for 55.8 per cent of total pension assets in May 2026.
