The Nigeria Sovereign Investment Authority (NSIA) has announced a record-breaking net return of ¦ 1.88 trillion for the 2024 financial year, up from ¦ 1.18 trillion in 2023. Speaking at a media engagement held on Wednesday in Abuja, NSIA Managing…
By Matthew Denis The Federal Government has inaugurated the new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), tasked with the critical mandate of steering the nation’s economic growth and stability. The Honourable Minister of Finance and Coordinating…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Thursday described the Nigeria Sovereign Investment Authority (NSIA) as “an essential institution for our nation’s economic stability and growth,” as he officially inaugurated the newly constituted Board…
…Lagos is core jurisdiction for our infrastructural activities — NSIA Lagos State Governor, Mr. Babajide Sanwo-Olu, said on Wednesday that the State is planning to establish a Sovereign Investment Fund for strategic investments into the future. Governor Sanwo-Olu spoke during…
…As NSIA grows income by 1,122% to N1.18 trillion in 2023 Latest statistics from the Nigeria Sovereign Investment Authority (NSIA) has revealed that the Nigerian Sovereign Wealth Fund has hit $2.5bn. The NSIA was initially allocated an initial sum of…
In a landmark feat, the Nigeria Sovereign Investment Authority (NSIA) has unveiled a $500 million platform to boost investments in Renewable Energy. The investment platform named Renewables Investment Platform for Limitless Energy (RIPLE) was launched in partnership with the International…
The Nigeria Sovereign Investment Authority (NSIA) says it has invested over 500 million dollars in domestic infrastructure and over 1 billion dollars in third party investment. Mr Aminu Sadiq, the Managing Director, NSIA, said this at an investigative hearing of…
The Nigeria Sovereign Investment Authority (NSIA) has rewarded 10 Nigerian innovators with the sum of $60, 000 and equity investments at the NSIA Prize for Innovation. The innovators were rewarded at the Prize for Innovation Programme (NPI) on Saturday in…
…Launches maiden Impact Report Yesterday, the Nigeria Sovereign Investment Authority (‘NSIA’ or ‘the Authority’), manager of Nigeria’s sovereign wealth fund and the National Council on Climate Change (‘NCCC’), Nigeria’s implementing entity for climate action, signed a Memorandum of Understanding (‘MoU’).…
By Philemon Adedeji The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, has announced its audited financial results for the year ended December 31, 2022. The results indicated that financial performance underscores the resilience…
