Pension Broad Index Tops the NGX with a 59.72% Return.

The NGX Pension Broad Index, which tracks pension-compliant equities on the Nigerian Exchange, delivered a return of 59.72 per cent in 2025, outperforming the wider market represented by the NGX All-Share Index. Exchange data showed that the index closed the year at 2,917.84 points, up from 1,826.89 points at the end of 2024. Over the same period, the All-Share Index rose by 51.19 per cent, underscoring the stronger performance of stocks eligible for pension fund investments. Designed in line with the investment guidelines of the National Pension Commission, the Pension Broad Index serves as a benchmark for Pension Fund Administrators seeking regulatory compliance while targeting competitive returns. The index features a diversified range of equities spanning financial services, telecommunications, consumer goods, industrials, and energy. Analysts attributed the index’s strong showing to its broad sectoral exposure, which supported performance amid heightened market activity and improving investor sentiment. In 2025, the Pension Broad Index outpaced the All-Share Index by over 850 basis points, highlighting the ability of pension-compliant equities to generate solid, risk-adjusted returns over the long term. Market watchers noted that the results reflect the increasing impact of pension assets on Nigeria’s capital market and the importance of transparent, rules-based indices in portfolio construction and long-term retirement planning. The Nigerian Exchange stated that it will continue collaborating with the National Pension Commission and Pension Fund Administrators to advance market education, data analytics, and the development of pension-focused investment products aimed at expanding participation in the equities market.