Nigeria Investing

Retirement Savings Account

Definition

What is Retirement Savings Account?

An individual pension account maintained under Nigeria's contributory pension system.

Example in practice

Monthly contributions are credited to the worker's RSA.

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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.

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