Browsing: Pension funds

Pension funds decrease by $6 billion due to naira losing value

Capital Market

The pension fund's value in dollars decreased by 29 percent to $14.39 billion in January 2024 from $20.41 billion in December 2023. The January unaudited report on the pension funds industry portfolio stated that the value of the pension fund was converted at the rate of N1,356.88/$ in January from N899.39/$ in […]