Nigeria’s pension fund asset gains N453.8 billion in Q1 2022 as 12,336 contributors switch PFAs

Nigeria’s pension fund assets increased by N453.8 billion in the first quarter of 2022 to stand at N13.88 trillion as of the end of March 2022, representing the highest level on record. The industry’s assets under management increased by 3.38% in the review period from N13.4 billion as of December 2021.…