NLPC Pension Assets Rise To N624.95bn In Q1

NLPC Pension Fund Administrators Limited grew Assets Under Management (AUM) to N624.95 in the first quarter (Q1) ended March 31, 2026.

The pension fund administrator disclosed that its Assets Under Management rose to N624.95 billion as of March 31, 2026, representing a 5.42 per cent increase from N592.84 billion recorded at the end of 2025. Its Retirement Savings Account (RSA) funds also climbed to N516.96 billion, reflecting sustained growth across its core operations.

NLPC Pension in a release to media said that the performance is driven by a disciplined investment strategy anchored on diversification, long-term asset allocation, and resilience against market volatility.

Industry analysts said the upward trajectory underscores growing confidence in structured retirement savings, particularly as more Nigerians seek stability in uncertain economic conditions.

The Company stated, “beyond its traditional offerings, NLPC Pension is expanding financial inclusion through its Personal Pension Plan, which recorded significant growth within the review period.
“The scheme is attracting participants from the informal sector, widening access to retirement savings for previously underserved groups.

“The company’s customer-focused approach has also continued to yield results. A client service feedback assessment conducted in December 2025 showed a satisfaction rate of 93.5 per cent, with no negative feedback recorded. Benefit requests accounted for the highest level of interaction, highlighting the firm’s role in facilitating seamless access to funds for retirees and contributors.”

It added that “in response to earlier concerns around risk-adjusted returns in 2025, the firm strengthened its risk management framework, introducing measures to improve portfolio efficiency. Internal performance indicators for 2026 show notable improvement, with key metrics such as Sharpe ratios trending positively across multiple funds.”

The recovery is evident in fund categories that previously underperformed, many of which have rebounded from negative positions to stable or positive returns.
NLPC Pension attributed this to enhanced diversification, tighter risk controls, and continuous refinement of its investment processes.

Despite short-term gains, NLPC Pension said, long-term value creation remains its primary objective, saying that its three-year rolling returns as of February 28, 2026, averaged 16.35 per cent, with some funds nearing 20 per cent, demonstrating consistent performance across asset classes.
NLPC Pension added that transparency remains central to its operations. It continues to promote open access to performance data, enabling contributors to make informed decisions while fostering accountability within the system.

Operating under the regulatory oversight of the National Pension Commission, the company said, “it has aligned with recent policy changes, including increased capital requirements and revised investment guidelines. It has also accelerated digital adoption to improve processes such as data recapture and account management.”

Analysts noted that as Nigeria’s economy navigates moderate growth projections, the role of pension fund administrators in safeguarding long-term savings becomes increasingly critical.

NLPC Pension said it would continue to deepen its investment in technology, governance, and customer engagement, maintaining that trust, transparency, and reliability remain essential to securing the financial future of Nigerian workers.