Tag
RSA
The Nigerian University Pension Management Company, known for short as Nupemco published its 2023 summary audited accounts, providing...
NPF Pensions published its 2023 summary audited accounts, providing a short, but insightful overview of the company’s financial health and pension funds’ performance.
Fidelity Pension Managers recently published its 2023 audited accounts, providing a summary overview of its financial health and fund performance.
FCMB Pensions 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance.
Mr. Kehinde Ogundimu, Managing Director/CEO of the Nigeria Mortgage Refinance Company (NMRC) has said that the company approached the National Pension Commission (PenCom) to address the difficulties faced by Nigerians in meeting the 20% down payments for mortgages.
Seventeen Pension Fund Administrators (PFAs) in Nigeria printed an average return of 2.81% in the month of January 2024, recording positive returns across the four retirement savings accounts tracked by Nairalytics, the research arm of Nairametrics.
The UK, USA, RSA, Singapore, and UAE contributed 79% of Nigeria's capital imports from 2019 to H1 2023, with declining investments.
Nigeria’s total pension assets jumped to N16.76 trillion in June 2023, representing a N1.77 trillion (12%) increase compared to N14.99 trillion recorded at the beginning of the year.
Relying solely on your Retirement Savings Account for retirement can be a risky strategy for several reasons:
As of December 2022, Nigeria's pension asset value experienced significant growth, increasing from N13.4 trillion in 2021 to N14.99 trillion, reflecting an 11.6% rise.
Leadway Pensure PFA Limited recorded a growth of 688,557 in its RSA holders in 2022, an increase from 660,825 in 2021.
Since the introduction of the window of transfer which allowed pension contributors to change their PFAs, there has been an alarming increase in the rate at which the PFAs sent gifts to many RSA holders