The Federal Government has launched a $50m Impact Innovation Fund to support Nigerian startups tackling social challenges, following agreements signed between the Nigeria Sovereign Investment Authority (NSIA) and the Japan International Cooperation Agency (JICA).

The Japan International Cooperation Agency (JICA) and the Federal Government of Nigeria have signed a $30 million grant agreement to establish Start-Up Hubs in Abuja.

NSIA Commits $500m To Domestic Infrastructure   The Managing Director & Chief Executive Office, Nigeria Sovereign Investment Authority (NSIA), Mr Aminu Umar-Sadiq, yesterday disclosed that the Authority has committed $500 million to domestic infrastructure, whilst also enabling third party investments of over $1 billion. He said this...

NSIA Assets Rise to N1trn, Attract $500m FDI   The Nigeria Sovereign Investment Authority (NSIA) says it grew its net assets by 10.5 per cent to N1.02tn in 2022 from N919.73bn in 2021. The Sovereign Wealth Fund manager disclosed that earnings from interest income, infrastructure business revenue,...

NSIA Total Assets now $4bn, Core Assets $2.2bn - FG The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced that as at the end of 2021, the Nigeria Sovereign Investment Authority (NSIA) had a core asset of $2.2 billion while the...

No Plans To Move Our Investments Away From Dollar - NSIA   Managing Director/Chief Executive of Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji, has said the investment authority has no plan to re-dominate its assets from the United States dollar into other reserve currencies. There had...