High interest rate, FG borrowings drive rise in pension investments

By Peter Egwuatu Pension assets invested in the Federal Government of Nigeria, FGN, debt securities rose 17.5% Year-on-Year, YoY, to N17.479 trillion in May 2026 from N14.468 trillion in the corresponding period 2025, according to data from the National Pension Commission, PenCom. Financial analysts said the development is driven by high interest environment in the financial…