Tag: PFAs invest over N1.64tn in banks

Pension

PFAs invest over N1.64tn in banks

Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) as at April 2021 have invested N1.64 trillion in bank placements, while N96.53 billion was invested in commercial papers, amounting to N1.74 trillion gulped by local money market securities. Data obtained from the National Pension Commission (PenCom) also […]