Nigeria’s total pension assets managed by Pension Fund Administrators (PFAs) under the oversight of the National Pension Commission (PenCom) rose to N25.895 trillion in August 2025, marking a N97.88 billion or 0.38% increase from N25.797 trillion recorded in July.
Data from PenCom’s Monthly Industry Summary for August 2025 shows that while the growth reflects stability and resilience, underlying challenges persist within the sector.
The report revealed that Fund I and Fund II recorded respective declines of N10.185 billion and N8.104 billion, indicating that even conservative investments were not immune to market volatility.
Despite these pressures, the pension industry continues to demonstrate cautious diversification.
Federal Government securities remain the dominant investment class, accounting for over N15.8 trillion of total holdings.
Other key investment areas include domestic equities (N3.607 trillion), corporate debt, real estate, money market instruments, and infrastructure.
The number of Retirement Savings Account (RSA) holders also grew to 10,882,661, reflecting Nigerians’ increasing confidence in the pension system.
Analysts say the N97.9 billion growth in August signals that the sector remains resilient amid macroeconomic and regulatory pressures.
However, they caution that sustainability will depend on the industry’s ability to strengthen transparency, consistency, and accountability.
As Nigeria’s pension sector moves toward the end of 2025, experts emphasize that long-term trust and governance reforms, not just asset growth that will determine its success as a foundation for national financial stability.
