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The Nexus
BUSINESSJul 31 · 20:56 UTCTHE RIO TIMESSamuel Ncube

Nigerian Equities Could Gain US$1.4 Billion from Pension Reform

Nigerian equities could gain US$1.4 billion from pension reforms as PenCom increased equity investment caps for specified RSA Funds effective immediately. The new limits for Funds I, II, III, and VI-Active raise allocations from 30% to 35%, 25% to 33%, 10% to 15%, and 25% to 33%, respectively.

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