Nigeria's Financial Sector Mixed in August 2025: Pension Assets Rise, Sukuk Bonds Fall
Nigeria's financial sector witnessed mixed fortunes in August 2025. While some segments posted gains, others experienced declines. Notably, money market instruments grew by 1.91% to N2.41 trillion.
The pension fund industry saw a marginal increase, with total assets under management rising to N25.90 trillion. This was driven by a N97.88 billion increase from July. FGN securities, which dominate the sector, climbed by N178.94 billion (1.14%) to N15.82 trillion. However, domestic ordinary shares fell 4.40% to N3.61 trillion, contributing 13.93% of total assets.
Mutual funds performed well, rising 10% to N226.49 billion. Open and close-end funds surged by 35.60%. Foreign ordinary shares also gained 2.27%. Conversely, Sukuk Bonds experienced a sharp decline of 61.51%. The month-on-month growth rate was 0.38%.
Despite the mixed performance, the Nigerian financial sector continues to show resilience. The growth in pension assets and mutual funds indicates a thriving investment environment. However, the decline in Sukuk Bonds and domestic ordinary shares suggests a need for diversification and careful portfolio management.
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