Nigeria’s Contributory Pension Scheme (CPS) recorded a significant growth of ₦4.94 trillion in the 2025 financial year, according to data obtained by Daily Economy from the National Pension Commission (PenCom).
PenCom’s unaudited report on the pension fund industry portfolio for the period ended 31 December 2025 showed that total pension assets rose from ₦22.51 trillion in December 2024 to ₦27.45 trillion at the end of 2025.
The report covers assets under Approved Existing Schemes, Closed Pension Fund Administrators, Retirement Savings Account (RSA) funds, unremitted contributions lodged with the Central Bank of Nigeria, as well as legacy pension funds.
A breakdown of the portfolio showed that the bulk of the pension assets—amounting to ₦16.33 trillion—was invested in Federal Government securities, reflecting the industry’s continued preference for relatively low-risk instruments.
The remaining funds were diversified across corporate debt securities, money market instruments, mutual funds, and domestic and foreign ordinary shares.
The strong asset growth highlights the resilience and expanding value of Nigeria’s contributory pension industry, underpinned by increased pension contributions and improved investment management strategies across the sector.
Analysts say the steady expansion of pension assets strengthens long-term savings, supports capital market development, and enhances the industry’s capacity to meet future retirement obligations.
