Nigerian pension administrators have reduced their traditional dependence on government securities as total industry assets climbed above 26 trillion naira through the end of September, marking the sector's first venture beyond that threshold. Federal instruments still command 15.75 trillion naira or roughly 60 percent of holdings, down from the previous 70 percent average concentration that regulators criticized as excessive.
Corporate debt positions expanded to 2.24 trillion naira while domestic stock market exposure reached 3.66 trillion naira amid improving sentiment toward equities. Alternative investments in real estate, private equity, and infrastructure collectively gained ground to exceed 740 billion naira as fund managers seek stronger protection against inflation.
National Pension Commission director Omolara Oloworaran had warned that overreliance on sovereign bonds creates vulnerability for retirement accounts, advocating higher regulatory caps on infrastructure and private equity allocations to generate better returns for contributors.
Corporate debt positions expanded to 2.24 trillion naira while domestic stock market exposure reached 3.66 trillion naira amid improving sentiment toward equities. Alternative investments in real estate, private equity, and infrastructure collectively gained ground to exceed 740 billion naira as fund managers seek stronger protection against inflation.
National Pension Commission director Omolara Oloworaran had warned that overreliance on sovereign bonds creates vulnerability for retirement accounts, advocating higher regulatory caps on infrastructure and private equity allocations to generate better returns for contributors.
