Nigeria's pension regulator, the National Pension Commission (PenCom), is in the final stages of reviewing investment limits for its $17 billion pension industry. The aim is to increase the proportion of funds that pension fund managers can allocate to infrastructure and private equity, seeking to boost returns on retirement savings and address Nigeria's substantial infrastructure deficit. The current limit for these investments is 5%, and new limits could be released before the end of the current quarter.
Historically, Nigeria's pension assets