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	<title>Retirement Savings Account - Housing TV Africa</title>
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	<lastBuildDate>Mon, 05 Oct 2026 16:55:42 +0000</lastBuildDate>
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	<title>Retirement Savings Account - Housing TV Africa</title>
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	<item>
		<title>Rising Property Costs Push More Workers to Use Pension Savings for Homes</title>
		<link>https://www.housingtvafrica.com/rising-property-costs-push-more-workers-to-use-pension-savings-for-homes/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=rising-property-costs-push-more-workers-to-use-pension-savings-for-homes</link>
		
		<dc:creator><![CDATA[Innocent Bethel]]></dc:creator>
		<pubDate>Mon, 05 Oct 2026 16:55:42 +0000</pubDate>
				<category><![CDATA[Housing News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Contributory Pension Scheme]]></category>
		<category><![CDATA[Home Loans]]></category>
		<category><![CDATA[Homeownership]]></category>
		<category><![CDATA[Housing Affordability]]></category>
		<category><![CDATA[housing crisis Nigeria]]></category>
		<category><![CDATA[HOUSING DEFICIT]]></category>
		<category><![CDATA[Housing Finance]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Housing TV Africa]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Mortgage Finance]]></category>
		<category><![CDATA[National Housing Fund]]></category>
		<category><![CDATA[NHF]]></category>
		<category><![CDATA[Nigeria Housing]]></category>
		<category><![CDATA[PenCom]]></category>
		<category><![CDATA[Pension Mortgage]]></category>
		<category><![CDATA[Pension Savings]]></category>
		<category><![CDATA[real estate market Nigeria]]></category>
		<category><![CDATA[real estate news]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<category><![CDATA[Residential Mortgage]]></category>
		<category><![CDATA[Retirement Savings Account]]></category>
		<category><![CDATA[RSA]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=37982</guid>

					<description><![CDATA[<p><img width="600" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/10/Mass-housing.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>More Nigerian workers are turning to their pension savings to raise equity contributions for residential homeownership as rising property costs and declining purchasing power make it increasingly difficult to buy homes. Data from the National Pension Commission (PenCom), as reported by Financial Vanguard, showed that 28,437 pension contributors accessed their Retirement Savings Accounts (RSAs) for [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/rising-property-costs-push-more-workers-to-use-pension-savings-for-homes/">Rising Property Costs Push More Workers to Use Pension Savings for Homes</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="600" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/10/Mass-housing.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p><p>More Nigerian workers are turning to their pension savings to raise equity contributions for residential homeownership as rising property costs and declining purchasing power make it increasingly difficult to buy homes.</p>
<p>Data from the National Pension Commission (PenCom), as reported by Financial Vanguard, showed that 28,437 pension contributors accessed their Retirement Savings Accounts (RSAs) for homeownership equity contributions in the first quarter of 2026.</p>
<p>The figure represents a 284.3 per cent increase from the 7,399 contributors who accessed their pension savings for the same purpose in the fourth quarter of 2025.</p>
<p>The amount withdrawn also increased sharply. A total of N92.7bn was accessed from the contributors’ RSAs for residential homeownership equity contributions in Q1 2026, compared with N28.27bn in Q4 2025.</p>
<p>That represents a 227.9 per cent increase in the value of pension savings accessed within one quarter.</p>
<p>The increase in both the number of contributors and the amount accessed highlights the growing role of pension savings in helping workers meet the upfront financial requirements for homeownership.</p>
<p>It also reflects the widening gap between household incomes and the cost of residential property, particularly as rents, construction costs and mortgage-related expenses continue to rise.</p>
<p>Nigeria’s housing deficit was estimated in the report at 14.9 million units, while experts put the funding requirement for bridging the gap at about N21tn.</p>
<p>Despite the existence of the National Housing Fund (NHF), which was established as a financing mechanism to improve access to housing finance, stakeholders continue to raise concerns about workers’ ability to access loans through the scheme.</p>
<h3>How pension savings can support homeownership</h3>
<p>Under the Contributory Pension Scheme (CPS), eligible Retirement Savings Account holders can access up to 25 per cent of their RSA balances as equity contributions for residential mortgage financing.</p>
<p>The provision applies to active RSA holders who have contributed to the CPS for at least 60 months and are seeking to purchase their first homes, in line with Section 89(2) of the Pension Reform Act 2014.</p>
<p>PenCom’s guidelines provide that where 25 per cent of a contributor’s RSA balance exceeds the required equity contribution, the contributor can only access the amount needed for the equity contribution.</p>
<p>Where the 25 per cent is insufficient, contributors may use voluntary contributions where applicable, while personal pension contributors may also access the contingency portion under the relevant guidelines.</p>
<p>Where the available pension resources remain insufficient to meet the required equity contribution, the RSA holder is expected to provide the balance to the mortgage lender.</p>
<p>The policy covers pension contributors who are actively employed, including salaried workers and eligible self-employed contributors.</p>
<h3>Workers still struggle to access NHF loans</h3>
<p>The growing reliance on pension savings comes amid concerns over the effectiveness of the National Housing Fund in providing affordable mortgage finance to workers.</p>
<p>President of the Nigeria Labour Congress, Joe Ajaero, said workers had continued to face difficulties accessing housing loans despite regular deductions from their salaries for the NHF.</p>
<p>Ajaero said the government had consistently deducted the mandatory 2.5 per cent contribution from workers’ salaries, but argued that the Federal Mortgage Bank of Nigeria had not adequately communicated information about the contributions made into workers’ NHF accounts.</p>
<p>According to him, the lack of information has frustrated workers who are unable to take full advantage of the scheme.</p>
<p>He also raised concerns about delays in processing housing loans.</p>
<p>Ajaero said the NHF Act provides for a 90-day period from loan application to disbursement, but claimed that delays in approving loans had forced some workers to abandon their applications.</p>
<p>He further alleged that some applicants had resorted to third-party agents to accelerate the process, sometimes at unofficial costs.</p>
<p>“Despite the increase in the total pool in NHF, workers were still unable to get loans to get shelter,” he said.</p>
<h3>Experts back pension-backed homeownership</h3>
<p>Urban planner and environmentalist Michael Simire said the difficult economic environment, including naira depreciation, had made homeownership increasingly difficult for many Nigerians.</p>
<p>He said the pension scheme was nevertheless creating an avenue through which some workers could raise the funds required to purchase homes.</p>
<p>Simire also pointed to the existence of vacant residential and commercial properties, arguing that affordability remained a major reason many Nigerians could not take up available housing.</p>
<p>Director of the Centre for Pension Rights Advocacy, Ivor Takor, described the inclusion of homeownership within the pension scheme as a positive development.</p>
<p>However, he said Nigerians who were outside the pension scheme should also have access to housing loans at moderate interest rates.</p>
<p>Takor called for additional measures such as subsidies, tax concessions and appropriate private, cooperative and public-sector housing initiatives to expand access to affordable homes.</p>
<h3>High property costs weigh on housing demand</h3>
<p>Principal Partner of M.I. Okoro and Associates, Meckson Innocent Okoro, said the difficult economic environment had contributed to weak demand for residential mortgages and real estate.</p>
<p>He said high exchange rates had pushed up the cost of inputs across the property sector, making homes increasingly unaffordable for average investors.</p>
<p>According to Okoro, the high cost of property also creates longer investment recovery periods.</p>
<p>He illustrated the pressure by comparing a property that previously cost N30m with one that could now cost N90m, arguing that an investment that might previously have been recovered within five years could now require a much longer period.</p>
<p>Okoro said the entry of pension savings into the housing market could help moderate property prices and increase homeownership if the scheme is effectively implemented.</p>
<p>Former President of the Pension Fund Operators Association of Nigeria (PenOp), Olumide Oyetan, also said the residential mortgage scheme could improve contributors’ welfare and have a positive impact on the wider economy.</p>
<p>He said successful implementation of the initiative would improve people’s welfare and contribute to economic progress.</p>
<h3>Housing finance remains a major challenge</h3>
<p>The sharp rise in pension-backed housing finance comes as Nigeria continues to face a significant gap between housing supply, property prices and household purchasing power.</p>
<p>While allowing eligible workers to use part of their retirement savings provides an additional source of equity for home purchases, stakeholders continue to point to the need for broader reforms in mortgage finance and housing delivery.</p>
<p>The figures show that pension savings are becoming an increasingly important source of housing finance for Nigerian workers.</p>
<p>However, the continued increase in the amount workers need to withdraw from retirement savings also highlights the financial pressure prospective homeowners face in raising the initial capital required to enter the housing market.</p>
<p>For workers outside the pension scheme, stakeholders say alternative financing mechanisms will also be required if homeownership is to become more accessible.</p>
<p>The combination of affordable mortgage financing, improved access to housing loans, lower construction costs and increased housing supply remains central to efforts to address Nigeria’s housing crisis.</p>
<p>The post <a href="https://www.housingtvafrica.com/rising-property-costs-push-more-workers-to-use-pension-savings-for-homes/">Rising Property Costs Push More Workers to Use Pension Savings for Homes</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Pension Assets Rise ₦289bn to ₦31.80tn as RSA Membership Hits 11.39m</title>
		<link>https://www.housingtvafrica.com/pension-assets-rise-%e2%82%a6289bn-to-%e2%82%a631-80tn-as-rsa-membership-hits-11-39m/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=pension-assets-rise-%25e2%2582%25a6289bn-to-%25e2%2582%25a631-80tn-as-rsa-membership-hits-11-39m</link>
		
		<dc:creator><![CDATA[Taiwo Ajayi]]></dc:creator>
		<pubDate>Wed, 30 Sep 2026 07:29:32 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[₦31.80 Trillion]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[Contributory Pension Scheme]]></category>
		<category><![CDATA[Corporate Debt]]></category>
		<category><![CDATA[CPS]]></category>
		<category><![CDATA[Federal Government securities]]></category>
		<category><![CDATA[Financial News]]></category>
		<category><![CDATA[Infrastructure Funds]]></category>
		<category><![CDATA[money market]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[Nigeria Pension]]></category>
		<category><![CDATA[PenCom]]></category>
		<category><![CDATA[Pension Commission]]></category>
		<category><![CDATA[Pension Fund Assets]]></category>
		<category><![CDATA[Pension Funds]]></category>
		<category><![CDATA[Pension Investments]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[real estate investment]]></category>
		<category><![CDATA[Retirement Savings Account]]></category>
		<category><![CDATA[RSA]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=37811</guid>

					<description><![CDATA[<p><img width="710" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/09/IMG_8553.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Pension fund assets under Nigeria’s Contributory Pension Scheme (CPS) rose to ₦31.80 trillion as of August 31, 2026, according to the National Pension Commission (PenCom). The unaudited monthly pension industry report released by PenCom on Tuesday showed that pension assets increased by ₦289.40 billion from the ₦31.51 trillion recorded at the end of July. The [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/pension-assets-rise-%e2%82%a6289bn-to-%e2%82%a631-80tn-as-rsa-membership-hits-11-39m/">Pension Assets Rise ₦289bn to ₦31.80tn as RSA Membership Hits 11.39m</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="710" height="400" src="https://www.housingtvafrica.com/wp-content/uploads/2026/09/IMG_8553.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p>Pension fund assets under Nigeria’s Contributory Pension Scheme (CPS) rose to ₦31.80 trillion as of August 31, 2026, according to the National Pension Commission (PenCom).</p>
<p>The unaudited monthly pension industry report released by PenCom on Tuesday showed that pension assets increased by ₦289.40 billion from the ₦31.51 trillion recorded at the end of July.</p>
<p>The latest increase represents a 0.92 per cent growth in the total net asset value of pension funds during the month.</p>
<p>PenCom also reported that total Retirement Savings Account (RSA) membership stood at 11,391,008 as of August.</p>
<p>Federal Government Securities Dominate Investments</p>
<p>The report showed that pension fund investments remained concentrated in federal government securities, ordinary shares, money market instruments and corporate debt securities.</p>
<p>Federal government securities accounted for ₦17.80 trillion, making them the largest investment category.</p>
<p>Domestic ordinary shares followed with ₦6.32 trillion, while investments in foreign ordinary shares stood at ₦280.66 billion.</p>
<p>The pension industry also held ₦3.27 trillion in money market instruments, including fixed deposits, bank acceptances, commercial papers and other eligible investments.</p>
<p>Pension Funds Hold Billions in Infrastructure, Real Estate</p>
<p>Corporate debt securities accounted for ₦2.21 trillion of pension fund investments, while mutual funds stood at ₦326.64 billion.</p>
<p>PenCom reported that pension fund investments in infrastructure funds reached ₦344.62 billion.</p>
<p>Real estate investments stood at ₦132.81 billion, while private equity investments accounted for ₦267.01 billion.</p>
<p>Cash and other assets stood at ₦462.42 billion.</p>
<p>The latest figures provide an update on the size and investment composition of pension funds managed under Nigeria’s CPS.</p>
<p>The post <a href="https://www.housingtvafrica.com/pension-assets-rise-%e2%82%a6289bn-to-%e2%82%a631-80tn-as-rsa-membership-hits-11-39m/">Pension Assets Rise ₦289bn to ₦31.80tn as RSA Membership Hits 11.39m</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>MREIF Disburses N140bn in Mortgages to Over 2,000 Nigerians</title>
		<link>https://www.housingtvafrica.com/mreif-disburses-n140bn-in-mortgages-to-over-2000-nigerians/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=mreif-disburses-n140bn-in-mortgages-to-over-2000-nigerians</link>
		
		<dc:creator><![CDATA[Innocent Bethel]]></dc:creator>
		<pubDate>Thu, 27 Aug 2026 21:06:32 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[ARM Investment Managers]]></category>
		<category><![CDATA[Federal Government housing]]></category>
		<category><![CDATA[FirstBank Nigeria]]></category>
		<category><![CDATA[Home Ownership]]></category>
		<category><![CDATA[housing deficit Nigeria]]></category>
		<category><![CDATA[Housing Finance Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Ministry of Finance Incorporated]]></category>
		<category><![CDATA[MOFI Real Estate Investment Fund]]></category>
		<category><![CDATA[mortgage financing Nigeria]]></category>
		<category><![CDATA[mortgage nigeria]]></category>
		<category><![CDATA[MREIF]]></category>
		<category><![CDATA[MREIF mortgage]]></category>
		<category><![CDATA[N140 billion mortgage]]></category>
		<category><![CDATA[Olubiyi Adekunbi]]></category>
		<category><![CDATA[Real estate Nigeria]]></category>
		<category><![CDATA[Retirement Savings Account]]></category>
		<category><![CDATA[Sani Yakubu]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=37119</guid>

					<description><![CDATA[<p><img width="549" height="521" src="https://www.housingtvafrica.com/wp-content/uploads/2026/08/MREIF-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="MREIF Disburses N140bn in Mortgages to Over 2,000 Nigerians" decoding="async" loading="lazy" /></p>
<p>The MOFI Real Estate Investment Fund (MREIF) has provided more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025. The Federal Government-backed housing finance initiative has expanded its reach across the country. Mortgage beneficiaries now span 27 states, according to Olubiyi Adekunbi, Head of Real Estate Investment [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/mreif-disburses-n140bn-in-mortgages-to-over-2000-nigerians/">MREIF Disburses N140bn in Mortgages to Over 2,000 Nigerians</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="549" height="521" src="https://www.housingtvafrica.com/wp-content/uploads/2026/08/MREIF-1.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="MREIF Disburses N140bn in Mortgages to Over 2,000 Nigerians" decoding="async" loading="lazy" /></p><p class="isSelectedEnd"><strong>The MOFI Real Estate Investment Fund (MREIF) has provided more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.</strong></p>
<p class="isSelectedEnd">The Federal Government-backed housing finance initiative has expanded its reach across the country. Mortgage beneficiaries now span 27 states, according to Olubiyi Adekunbi, Head of Real Estate Investment at ARM Investment Managers.</p>
<p class="isSelectedEnd">Adekunbi disclosed the figures during a FirstBank webinar titled <em>“Beyond Rent: The Path to Home Ownership Leveraging FirstBank-MREIF Home Loan Scheme to Build Long-Term Wealth.”</em></p>
<h2>MREIF Mortgage Disbursements Begin in 2025</h2>
<p class="isSelectedEnd">MREIF began mortgage disbursements in April 2025. By August 2026, more than 2,000 people had received financing through the scheme.</p>
<p class="isSelectedEnd">Adekunbi said the fund has maintained a relatively fast application process. He added that applicants do not need personal connections to move their applications through the system.</p>
<p class="isSelectedEnd">The quickest mortgage transaction under the programme took less than three weeks, he said. However, applicants must submit the required documents and complete all due diligence checks before approval.</p>
<p class="isSelectedEnd">Adekunbi said eligible applicants could potentially complete the process and secure a home within a month.</p>
<h2>Mortgages Available Across 27 States</h2>
<p class="isSelectedEnd">Lagos and Abuja account for the largest share of applications under the scheme. However, MREIF has extended mortgage financing to properties in 27 states across Nigeria&#8217;s six geopolitical zones.</p>
<p class="isSelectedEnd">Properties in Ogun, Oyo, Enugu, Kano and Kaduna can qualify for financing. Applicants must provide valid land titles and clear ownership records for the properties.</p>
<p class="isSelectedEnd">The scheme also serves Nigerians living abroad, provided they meet the required eligibility and documentation conditions.</p>
<p class="isSelectedEnd">Adekunbi said the average age of applicants stands at 43. Mortgage repayment periods generally take retirement age into account.</p>
<p class="isSelectedEnd">Most loans are structured around a retirement age of 60. Some professionals, including lecturers and judges, may qualify for different arrangements because of their higher retirement ages.</p>
<h2>Nigeria Needs More Housing Finance</h2>
<p class="isSelectedEnd">The MREIF expansion comes as Nigeria continues to face a major shortage of housing.</p>
<p class="isSelectedEnd">Sani Yakubu, MREIF National Coordinator at the Ministry of Finance Incorporated (MOFI), said Nigeria needs to build at least 700,000 housing units each year to address the housing gap.</p>
<p class="isSelectedEnd">He said the country currently produces about 100,000 units annually. The difference between required and actual housing production highlights the scale of the supply challenge.</p>
<p class="isSelectedEnd">Yakubu linked part of the problem to limited access to affordable mortgage finance. Developers also face difficulties raising capital and obtaining proper land documentation.</p>
<p class="isSelectedEnd">He said MREIF aims to support existing financial institutions rather than replace them. The fund, he explained, is intended to help strengthen the mortgage market and increase access to long-term housing finance.</p>
<h2>Government Provides N150bn for First Tranche</h2>
<p class="isSelectedEnd">The first N250 billion tranche of the MREIF programme received N150 billion from the Federal Government.</p>
<p class="isSelectedEnd">Private-sector investors contributed the remaining N100 billion. The tranche forms part of the wider N1 trillion MREIF programme registered with the Securities and Exchange Commission.</p>
<p class="isSelectedEnd">Nigerian professionals developed the fund structure. Vetiva Capital Management serves as financial adviser, while STL Trustees acts as trustee and First Nominees serves as nominee.</p>
<p class="isSelectedEnd">The funding model is designed to attract additional capital into Nigeria&#8217;s real estate and mortgage sectors. Greater availability of long-term finance could help more households move from renting to home ownership.</p>
<h2>MREIF Mortgage Terms</h2>
<p class="isSelectedEnd">MREIF offers mortgages of up to N100 million at an interest rate of 9.75%. Eligible borrowers can repay the loans over periods of up to 20 years.</p>
<p class="isSelectedEnd">Applicants must provide at least 10% equity toward the property purchase. Contributors to the Contributory Pension Scheme can also use up to 25% of their Retirement Savings Account balance to meet the equity requirement.</p>
<p class="isSelectedEnd">MREIF caps its mortgage exposure at N100 million per property. Buyers seeking properties above that value must fund the balance through other sources.</p>
<p class="isSelectedEnd">These may include personal savings, approved pension withdrawals or other available funding.</p>
<h2>MREIF Reports N14.49bn Profit</h2>
<p class="isSelectedEnd">The mortgage expansion follows MREIF&#8217;s reported financial performance for the first half of 2026.</p>
<p class="isSelectedEnd">The fund recorded N14.49 billion in profit before tax for the six months ended June 30, 2026. It generated total income of N17.48 billion during the period.</p>
<p class="isSelectedEnd">Interest income from financial assets measured at amortised cost contributed N8.10 billion. Cash and cash equivalents generated a further N6.21 billion.</p>
<p class="isSelectedEnd">After a withholding tax charge of N250.5 million, profit after tax stood at N14.24 billion.</p>
<h2>FirstBank Partnership Expands Mortgage Access</h2>
<p class="isSelectedEnd">The latest figures also follow FirstBank&#8217;s partnership with MREIF to expand access to mortgage financing.</p>
<p class="isSelectedEnd">Under the partnership, eligible Nigerians can seek mortgage loans of up to N100 million. The initiative is part of broader efforts to increase access to home financing and support home ownership.</p>
<p class="isSelectedEnd">MREIF&#8217;s growing disbursement figures show the potential role of long-term mortgage finance in Nigeria&#8217;s housing market. However, expanding access will also require adequate housing supply, clear land titles and financing that households can sustain over the life of their loans.</p>
<p>For Nigeria&#8217;s housing sector, the continued rollout of MREIF could help connect homebuyers with longer-term finance while giving developers greater access to capital. The fund&#8217;s ability to expand beyond major markets will also be important as the country seeks to increase home ownership and narrow its housing supply gap.</p>
<p>The post <a href="https://www.housingtvafrica.com/mreif-disburses-n140bn-in-mortgages-to-over-2000-nigerians/">MREIF Disburses N140bn in Mortgages to Over 2,000 Nigerians</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>Pension Funds Increase Equity Holdings to N3.96trn as Assets Hit N27.45trn</title>
		<link>https://www.housingtvafrica.com/nigeria-pension-funds-increase-equities-n27trn-assets/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=nigeria-pension-funds-increase-equities-n27trn-assets</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Mon, 02 Mar 2026 12:28:54 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[Contributory Pension Scheme]]></category>
		<category><![CDATA[Federal Government securities]]></category>
		<category><![CDATA[National Pension Commission]]></category>
		<category><![CDATA[Pension Fund Administrators]]></category>
		<category><![CDATA[Retirement Savings Account]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=31439</guid>

					<description><![CDATA[<p><img width="595" height="340" src="https://www.housingtvafrica.com/wp-content/uploads/2026/03/Pension-funds-595x340-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Pension Funds Increase Equity Holdings to N3.96trn as Assets Hit N27.45trn" decoding="async" loading="lazy" /></p>
<p>Nigeria’s pension industry is cautiously expanding its exposure to domestic equities, signalling a gradual shift from its long-standing dominance of government securities. New portfolio data for the period ended December 31, 2025, show that Pension Fund Administrators (PFAs) raised their investments in domestic equities to N3.96 trillion, even as total industry assets climbed to N27.45 [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/nigeria-pension-funds-increase-equities-n27trn-assets/">Pension Funds Increase Equity Holdings to N3.96trn as Assets Hit N27.45trn</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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<p data-start="848" data-end="1019">Nigeria’s pension industry is cautiously expanding its exposure to domestic equities, signalling a gradual shift from its long-standing dominance of government securities.</p>
<p data-start="1021" data-end="1291">New portfolio data for the period ended December 31, 2025, show that Pension Fund Administrators (PFAs) raised their investments in domestic equities to N3.96 trillion, even as total industry assets climbed to N27.45 trillion under the Contributory Pension Scheme (CPS).</p>
<p data-start="1293" data-end="1655">For years, PFAs and their regulator, the <strong data-start="1334" data-end="1375"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">National Pension Commission</span></span></strong> (PenCom), have maintained a conservative investment posture, prioritising capital preservation for Retirement Savings Account (RSA) holders. This strategy has largely favoured sovereign debt instruments, offering predictable returns but limiting exposure to higher-growth assets.</p>
<h3 data-start="1657" data-end="1702">Equities Gain, But Bonds Still Dominate</h3>
<p data-start="1704" data-end="1862">Despite the recent increase in equity allocation, fixed income instruments, particularly Federal Government securities—continue to dominate pension portfolios.</p>
<p data-start="1864" data-end="2186">Federal Government instruments account for N16.33 trillion of total pension assets, representing well over half of the industry’s holdings. Of this amount, N12.83 trillion is invested in bonds held to maturity, indicating that fund managers intend to retain these securities until maturity rather than actively trade them.</p>
<p data-start="2188" data-end="2322">Treasury bills and other sovereign instruments make up the balance, underscoring the industry’s strong preference for low-risk assets.</p>
<p data-start="2324" data-end="2424">In effect, RSA contributors remain among the Federal Government’s most dependable long-term lenders.</p>
<h3 data-start="2426" data-end="2465">Measured Diversification Strategy</h3>
<p data-start="2467" data-end="2752">Industry analysts describe the shift into equities as cautious rather than aggressive. While domestic shares have benefited from improved corporate earnings, attractive dividend yields and selective growth opportunities, PFAs appear unwilling to abandon their traditional comfort zone.</p>
<p data-start="2754" data-end="2967">“The move into equities is not a rejection of safety but a measured expansion beyond it,” an industry analyst noted, pointing out that even marginal allocation adjustments can significantly impact capital markets.</p>
<p data-start="2969" data-end="3202">With pension assets now standing at N27.45 trillion, the sector represents one of Nigeria’s largest pools of institutional capital. Even incremental shifts toward equities can enhance market liquidity and bolster investor confidence.</p>
<p data-start="3204" data-end="3436">Historically, Nigeria’s stock market has grappled with limited institutional depth. Analysts say sustained participation by pension funds could strengthen market resilience and signal confidence in medium-term corporate performance.</p>
<h3 data-start="3438" data-end="3488">High Yields Support Government Debt Strategy</h3>
<p data-start="3490" data-end="3762">The conservative tilt towards government securities has been reinforced by elevated yields on sovereign debt in 2025. For PFAs tasked primarily with safeguarding contributors’ funds, these instruments continue to provide predictable income with relatively low credit risk.</p>
<p data-start="3764" data-end="3896">This dynamic explains why, despite renewed interest in equities, government paper still commands the largest share of the portfolio.</p>
<p data-start="3898" data-end="4108">Beyond sovereign debt and equities, corporate debt holdings stand at N2.20 trillion, while money market instruments account for N2.62 trillion, reflecting a continued emphasis on liquidity and income stability.</p>
<h3 data-start="4110" data-end="4148">Alternative Assets Remain Modest</h3>
<p data-start="4150" data-end="4424">Investments in private equity, infrastructure funds and real estate remain comparatively small relative to the industry’s overall asset base. While these asset classes offer potential long-term returns, regulatory limits and risk considerations have kept allocations modest.</p>
<p data-start="4426" data-end="4685">Analysts believe that as regulatory frameworks evolve and market conditions stabilise, pension funds may gradually deepen their participation in alternative investments, particularly infrastructure financing, which aligns with national development priorities.</p>
<h3 data-start="4687" data-end="4721">Implications for RSA Holders</h3>
<p data-start="4723" data-end="5027">For RSA holders under the CPS, the cautious expansion into equities could translate into improved long-term returns, particularly if corporate earnings growth remains steady. However, the industry’s core emphasis on capital preservation suggests that diversification will remain gradual and risk-managed.</p>
<p data-start="5029" data-end="5230">The latest portfolio data indicate that Nigeria’s pension industry is not abandoning its conservative philosophy but is carefully testing broader asset opportunities in a changing economic environment.</p>
<p data-start="5232" data-end="5427" data-is-last-node="" data-is-only-node="">As the asset base continues to expand, the allocation decisions of PFAs are likely to play an increasingly influential role in shaping Nigeria’s financial markets and long-term capital formation.</p>
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<p>The post <a href="https://www.housingtvafrica.com/nigeria-pension-funds-increase-equities-n27trn-assets/">Pension Funds Increase Equity Holdings to N3.96trn as Assets Hit N27.45trn</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<title>How to Access Your Pension Before Retirement in Nigeria</title>
		<link>https://www.housingtvafrica.com/how-to-access-your-pension-before-retirement-in-nigeria/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=how-to-access-your-pension-before-retirement-in-nigeria</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Thu, 27 Nov 2025 10:20:10 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Contributory Pension Scheme]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Micro Pension]]></category>
		<category><![CDATA[Mortgage Equity]]></category>
		<category><![CDATA[Nigerian workers]]></category>
		<category><![CDATA[PenCom]]></category>
		<category><![CDATA[Pension Access]]></category>
		<category><![CDATA[Pension Guidelines]]></category>
		<category><![CDATA[Retirement Savings Account]]></category>
		<category><![CDATA[RSA Withdrawal]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=28709</guid>

					<description><![CDATA[<p><img width="1280" height="720" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/FB_IMG_1764236310852.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="How to Access Your Pension Before Retirement in Nigeria" decoding="async" loading="lazy" /></p>
<p>Under the National Pension Commission’s rules for the Contributory Pension Scheme, Nigerian workers may access part of their pension savings before retirement, but only under specific regulated conditions. Under the scheme, employers and employees contribute monthly to the worker’s Retirement Savings Account (RSA). These savings are primarily meant to provide financial stability at retirement. However, [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/how-to-access-your-pension-before-retirement-in-nigeria/">How to Access Your Pension Before Retirement in Nigeria</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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										<content:encoded><![CDATA[<p><img width="1280" height="720" src="https://www.housingtvafrica.com/wp-content/uploads/2025/11/FB_IMG_1764236310852.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="How to Access Your Pension Before Retirement in Nigeria" decoding="async" loading="lazy" /></p><p>Under the National Pension Commission’s rules for the Contributory Pension Scheme, Nigerian workers may access part of their pension savings before retirement, but only under specific regulated conditions.</p>
<p>Under the scheme, employers and employees contribute monthly to the worker’s Retirement Savings Account (RSA). These savings are primarily meant to provide financial stability at retirement. However, PenCom permits early withdrawal in certain situations.</p>
<p>One approved condition applies when a worker loses their job and remains unemployed <a href="https://www.housingtvafrica.com/">for</a> at least four months. In such cases, the individual is eligible to access up to 25 percent of the balance in their RSA.</p>
<p>To qualify, the worker must submit an official resignation or disengagement letter issued by their former employer.</p>
<p>PenCom’s Q4 2022 report showed that the commission approved the payment of ₦6.31 billion—representing 25 percent of RSA balances—to 9,966 contributors below age 50 who were disengaged and unable to secure another job within four months.</p>
<p>Beyond mandatory contributions, employees may also make voluntary contributions, which offer additional flexibility but come with specific rules. Under current PenCom guidelines, 50 percent of every voluntary contribution is classified as “contingent” and can be withdrawn, while the remaining 50 percent is locked until retirement. Withdrawals from the contingent portion are subject to income tax.</p>
<p>Informal-sector workers, including self-employed individuals or those working in very small businesses, are covered under the Micro Pension Plan. After at least three months of contributions, participants can withdraw up to 40 percent of their RSA savings, with the remaining 60 percent reserved for retirement.</p>
<p>Another option available to contributors is the use of RSA savings to fund the equity portion of a home mortgage. Under Section 89(2) of the Pension Reform Act 2014, eligible RSA holders may apply up to 25 percent of their pension balance to secure a mortgage. The contingent portion of voluntary contributions may also be used for this purpose.</p>
<p>While these options provide financial flexibility and support goals such as homeownership, experts caution that early withdrawals reduce retirement savings and may lead to smaller pension payments later in life. Workers who access both job-loss withdrawals and mortgage-equity funds may end up with limited funds during retirement</p>
<p>The post <a href="https://www.housingtvafrica.com/how-to-access-your-pension-before-retirement-in-nigeria/">How to Access Your Pension Before Retirement in Nigeria</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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