Nigeria Investing

Micro Pension Plan

Definition

What is Micro Pension Plan?

A pension arrangement designed to extend retirement savings to self-employed and informal-sector workers in Nigeria.

Example in practice

A trader makes flexible contributions to a micro pension account.

Keep learning

Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.

A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.

Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.

A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.