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Nigeria's pension system grew to N25.895 trillion by Aug 2025, with efforts to boost financial literacy and enrollment.
Parthian Pensions Limited is pushing for improved financial literacy in Nigeria to increase participation in the country’s funded contributory pension scheme, highlighting its growth to N25.895 trillion by August 2025 and projected assets of N29 trillion by year-end.
The company emphasizes digitization and simplified micro pension plans to reach millions unregistered, stressing the system’s role in ensuring long-term retirement security.
Despite structural challenges and uneven fund performance, the sector continues to expand, with 10.88 million RSA contributors.
Experts argue that structured pension systems protect retirees from financial risks like inflation and poor investment choices, promoting stability over short-term gains.
El sistema de pensiones de Nigeria creció a N25.895 trillones para agosto de 2025, con esfuerzos para impulsar la alfabetización financiera y la inscripción.