THE IMPACT OF PENSION ASSETS INVESTED IN TREASURY BILLS ON ALL SHARE INDEX IN NIGERIA FINANCIAL MARKET

Authors

  • Falack Victor Samuel Department of Accounting, Taraba State University, Jalingo

Keywords:

Pension, Assets, Treasury, Bills, ASI, Victor, Falack

Abstract

The study assessed the effects of treasury bill investment as a pension fund asset on financial market performance in Nigeria. The literature reviewed for this study showed that the treasury bill is a crucial instrument in the financial market. Data were collected from the National Pension Commission and Central Bank of Nigeria Statistical Bulletin's quarterly reports covering 24 quarters from 2014 to 2019. The population of this study constitutes 50 firms. The research design was an ex-post factor and correlational. Ordinary Least Square was used in analyzing the data collected which was from a secondary source. Findings revealed that investment in treasury bills is positive and has a significant effect on Nigeria's financial market. The study recommended that a substantial amount of pension assets should be invested in treasury bills so as to improve the net worth of pensioners who solely depend on this investment.

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Published

2022-09-01

How to Cite

Falack, V. S. (2022). THE IMPACT OF PENSION ASSETS INVESTED IN TREASURY BILLS ON ALL SHARE INDEX IN NIGERIA FINANCIAL MARKET . TSU-International Journal of Accounting and Finance, 1(3), 143–150. Retrieved from https://tsuijafc.k-publisher.com/index.php/tsuijaf/article/view/43

Issue

Vol. 1 No. 3 (2022): September 2022

Section

Articles