Adebayo Obajemu
Data from the National Pension Commission (PenCom) has revealed that pension assets invested in the Federal Government of Nigeria, FGN debt securities grew by 16.9% year-on-year to N16.925 trillion in February 2026 from N14.468 trillion in the corresponding period 2025.
The total pension Net Assets Value, NAV increased by 28.7%, YoY to N29.426 trillion in February 2026 from N23.266 trillion in the corresponding period 2025 on the back of rising yield on investments in FGN securities.
FGN Bonds accounted for 57.5 per cent of total pension assets, or N16.92 trillion at the end of February 2026.
According to PenCom, the considerable proportion of government securities in the overall Asset Under Management AuM portfolio can primarily be attributed to PenCom regulatory limits on investments.