NGX Pension Broad Index surpasses All Share Index with 59.72% return in 2025

By Peter Egwuatu

The NGX Pension Broad Index, a benchmark for pension-compliant equity investments, recorded a 59.72% return in 2025, outperforming the NGX All-Share Index (ASI), which gained 51.19% over the same period.

The index closed the year at 2,917.84 points, up from 1,826.89 points at the end of 2024, reflecting strong performance by pension-eligible equities amid a year of heightened market activity and reform-driven investor confidence.

Unlike broader market indices, the NGX Pension Broad Index tracks only equities that meet the investment eligibility criteria set by the National Pension Commission (PenCom). This makes it a key reference point for Pension Fund Administrators (PFAs) seeking compliance with regulatory guidelines while generating competitive returns.

The index includes a diversified basket of high-quality equities across sectors such as financial services, telecommunications, consumer goods, industrials, and energy, providing a balanced exposure for pension portfolios. In 2025, the index outperformed the ASI by more than 850 basis points, reinforcing the potential of pension-compliant stocks to deliver strong, risk-adjusted returns.

Analysts say the strong performance highlights the growing role of pension assets in capital formation and economic development, as well as the importance of transparent, rules-based indices for portfolio construction and long-term retirement planning.

NGX has reiterated its commitment to engaging with PenCom and the PFA community to promote market education, data analytics, and pension-focused investment products, helping investors make informed allocation decisions.

As Nigeria’s pension industry continues to expand, the NGX Pension Broad Index remains a critical tool for measuring performance, supporting long-term retirement outcomes, and deepening equity participation in the domestic capital market.

The post NGX Pension Broad Index surpasses All Share Index with 59.72% return in 2025 appeared first on Vanguard News.