Ghana bourse eyes Nigeria’s N19.5tr pension funds to boost real sector

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Ghana bourse eyes Nigeria’s N19.5tr pension funds to boost real sector
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The National Pension Commission (PenCom) recently published its monthly report on Nigeria’s pension fund assets, showing that assets under

The Ghana Stock Exchange has unveiled plans to woo Nigerian pension funds and other global investors to the market to boost investment in the country’s real sector.

The National Pension Commission recently published its monthly report on Nigeria’s pension fund assets, showing that assets under management of the regulated pension industry increased by six percent m/m to N19.5 trillion as of January 2024.On a year-on-year basis, the industry’s overall AUM increased significantly by +28 percent.

“We do not look only at Ghana; we are also looking at Nigeria, other African pension funds, and global investors. We have made significant progress on that. Two years ago, pension funds on the equities side were less than two percent, but today, it is almost 10 percent.”

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