PenCom Assets Hit N29.4trn, Adds 90,000 Contributors In 2 Months

The National Pension Commission (PenCom) announced that pension assets under its management have risen to N29.4 trillion. In the same release, the regulator said the Contributory Pension Scheme (CPS) recorded an addition of about 90,000 new contributors during the first two months of 2026. PenCom noted that the newcomers are drawn from both public‑sector and private‑sector employers. Assets under management include contributions from active workers, retirees and the investment returns generated by the Commission's portfolio. The increase in contributors adds to the existing pool of participants who already benefit from the mandatory pension system. By the end of February 2026, the CPS enrolment figure had grown by those 90,000 individuals, bolstering the overall asset base. PenCom did not break down the sectoral split beyond the public‑private distinction, nor did it disclose how much of the N29.4 trillion is attributable to the latest entrants.