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Showing posts with label BUSINESS. Show all posts
Showing posts with label BUSINESS. Show all posts

Sunday, 19 April 2015

PFAs invest a huge sum of N172.4bn in state securities

07:28    No comments
A total of N172.4bn was invested in state securities under the Contributory Pension Scheme in the 2014 financial period. Figures obtained from the National Pension Commission on Friday, which confirmed this, also showed that the total assets under the CPS stood at N4.6tn at the end of 2014. The commission had said the pension funds could only be invested in the bonds of state governments that were in compliance with the CPS. At the end of the...
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