Data from the National Pension Commission (PenCom) says Nigeria’s pension assets have swelled to a record N24.1 trillion (US$15.6 billion), marking a N3.9 trillion year-on-year increase.
This growth will reflect renewed investor confidence and broader participation in the Contributory Pension Scheme (CPS).
The increase signals a deeper trend; growing trust in Nigeria’s pension system as a stable long-term investment vehicle.
According to the data, the number of Retirement Savings Account (RSA) holders also rose notably, reaching 10.76 million in May 2025, up from 10.35 million in April suggesting improved compliance among employers and heightened awareness of retirement planning among Nigerians.
The data also broke down statistics of each sector of which the public sector employees contributed N6.4 trillion, while their private sector counterparts accounted for N5.84 trillion.
