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Nigeria s pension asset dips N51 3 billion in February 2021

RSA Fund I This fund has the highest allocation of risky or variable income instruments and participation is strictly upon a formal request from a contributor. The RSA Fund I is suitable for people who want to invest in high-risk instruments with higher rewards. Hence, contributors who are 50 years and above cannot apply to be moved into this fund. According to available data 9 of the funds recorded positive growth in the month under review, as against 1 recorded in the previous month. First position: Crusader Sterling Pensions Limited March return: 0.68% March return: 0.52% March return: 0.44% Others on the list of gainers include; Premium Pension Limited, Trustfund Pensions Plc, Pensions Alliance Limited, Stanbic IBTC Pension Managers, NPF Pensions Limited, and Sigma Pensions Limited.

Best performing Mutual Funds in January 2021

The prices of major food items, such as bags of beans, pepper, tomatoes, eggs amongst others have witnessed a significant surge in Lagos State markets, while the price of local and foreign rice record a slight decrease. This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics.  According to the report, a big bag of brown beans that was initially sold for an average of N33,500, rose by 3.7% to sell for an average of N34,750. Also, the price of a big bag of honey beans increased by 7.02% to sell for an average of N24,750.

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