* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 7, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Brass Lion Entertainment unveils co-op action RPG Wu-Tang: Rise of the Deceiver – VentureBeat

    Unleash Your Inner Warrior: Discover the Co-Op Action RPG Wu-Tang: Rise of the Deceiver!

    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Apple Watch and the future of wearable technology in healthcare – MSN

    Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

    ECS Professor Pankaj K. Jha Receives NSF Grant to Develop Quantum Technology – Syracuse University News

    Unlocking the Future: ECS Professor Pankaj K. Jha Secures NSF Grant for Groundbreaking Quantum Technology Development

    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn

November 29, 2023
in Business
Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn
Share on FacebookShare on Twitter

Aisha Umar Dahir, PenCom DGAisha Umar Dahir, PenCom DG

FIRS

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn

The Net Asset Value, NAV, of Nigeria’s pension money in the domestic and foreign stock market rose to N1.54 trillion as at the end September 2023, 9M’23, indicating a sharp increase of about 59.6% from the N965 billion recorded in the corresponding period of 2022, 9M’22.

Findings from the latest report by National Pension Commission (PenCom) also revealed that the Pension Fund Administrators (PFAs) increased the value of their assets in the domestic bourse by 59.5 % in the 9M’23 period, as a result of the bullish run in the stock market.

The Nigeria Exchange Limited, NGX, All-Share Index, ASI, gained 29.52 in 9M’23 largely driven by institutional local investors.

The growth of the pension industry’s exposure in the stock market was also in tandem with the performance of the NGX Pension Index, as it rallied by 58.9% to close the period at 2,848.38 points.

Analysts have noted that the Nigerian pension industry has been recording significant growth in recent years, following several regulatory reforms by PenCom.

The industry’s total assets increased by 20.3% in the 9M’23 to N17.349 trillion from N14.424 trillion in 9M’22.

Federal government (FGN) securities, which accounted for most of the pension assets, recorded a 23% growth in 9M’23 to stand at N11.309 trillion as against N9.192 trillion in 9M’22 while the corporate debt securities rose by 24.7% to N1.855 trillion from N1.487 trillion in 9M’22.

On the flip side, assets in money market instruments declined by 22% to N1.638 trillion from N2.105 trillion recorded in 9M’22.

Commenting on this development, Analyst and Head of Research and Investment at FSL Securities Limited, Victor Chiazor, said: “The trend in PFA assets in the Nigerian stock market suggests a positive outlook for both pension fund managers and investor, provided economic stability and prudent investment strategies are maintained.”

He added that: “Despite growth, PFAs’ exposure in stocks remains modest. The Pension Industry operates under stringent guideline due to the nature of handling public funds. The PenCOm enforces guidelines and limits to ensure the safety and security of contributors’ funds.

”A critical aspect of this regulation is the restriction placed on PFAs regarding the allocation of contributors’ funds into volatile assets.

”This cautious approach is in line with the need to protect contributors’ savings and ensure that they have a secure and reliable source of income during their retirement years. To achieve this purpose, the PFAs adopt a mix of assets in their investment portfolios.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2023/11/pensioners-assets-domestic/

Tags: assetsbusinessPensioners’
Previous Post

President Tinubu Seeks Fresh $8.699bn, €100m Loans

Next Post

‘Nigeria’s Economic Crisis Due to Bad Governance’

Groundbreaking study maps the movements of marine megafauna – EurekAlert!

Revolutionary Research Unveils the Migrations of Marine Megafauna

June 7, 2025
The science behind having perfect lake days – wtol.com

Unlocking the Secrets to Your Perfect Lake Day!

June 7, 2025
For both artists and scientists, slow looking allows surprising connections to surface – The Conversation

Unlocking Creativity: How Slow Looking Sparks Unexpected Connections for Artists and Scientists

June 7, 2025
Less colorful, more meaningful: Sean O’Malley thinks lifestyle changes key to reclaim UFC gold – MMA Junkie

Sean O’Malley: Embracing Lifestyle Changes to Reclaim UFC Gold

June 7, 2025
World Cup qualifying: Haaland leads Norway to its first win vs. Italy in 25 years – FOX Sports

Historic Victory: Haaland Guides Norway to First Win Over Italy in 25 Years!

June 7, 2025
City of Albertville Breaks Ground on Alleyway Entertainment Venue – WHNT.com

Albertville Unveils Exciting New Alleyway Entertainment Venue!

June 7, 2025
Eliminating Waste, Fraud, and Abuse in Medicaid – The White House (.gov)

Eliminating Waste, Fraud, and Abuse in Medicaid – The White House (.gov)

June 7, 2025
After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’ – CNBC

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’ – CNBC

June 7, 2025
Apple Watch and the future of wearable technology in healthcare – MSN

Revolutionizing Healthcare: The Future of Wearable Technology with Apple Watch

June 7, 2025
Letters to Sports: Dodgers must figure out their injured pitcher problem – Los Angeles Times

Dodgers Face a Pitching Dilemma: How to Tackle Their Injury Woes

June 7, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (675)
  • Economy (688)
  • Entertainment (21,594)
  • General (15,269)
  • Health (9,730)
  • Lifestyle (692)
  • News (22,149)
  • People (689)
  • Politics (696)
  • Science (15,907)
  • Sports (21,192)
  • Technology (15,674)
  • World (674)

Recent News

Groundbreaking study maps the movements of marine megafauna – EurekAlert!

Revolutionary Research Unveils the Migrations of Marine Megafauna

June 7, 2025
The science behind having perfect lake days – wtol.com

Unlocking the Secrets to Your Perfect Lake Day!

June 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version