pension funds

Governments worldwide are intensifying tax pressure on high-net-worth individuals while African financial markets undergo structural shifts, with Nigerian pension funds rotating toward equities and South Africa's central bank mandating greater lending rate transparency.

PenCom's upward revision of equity exposure limits for retirement savings funds could release nearly N1 trillion in immediate liquidity into the Nigerian Exchange, while parallel reforms in tax administration and regional banking policy signal broader structural shifts across West Africa's largest economy.