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NSIA Interested In Reviving Ajaokuta Steel, Others

NSIA Interested In Reviving Ajaokuta Steel, Others   The Nigeria Sovereign Investment Authority says it is interested in reviving the Ajaokuta Steel Company. Apart from the Ajaokuta Steel Company, the agency is also interested in reviving other moribund assets to enable the country to reap the benefits...

NEC Approves Extra $250m Investment In NSIA

NEC Approves Extra $250m Investment In NSIA   The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo has approved the investment of an additional $250million into the Nigerian Sovereign Investment Authority (NSIA). The NSIA Managing Director/Chief Executive Officer, Mr Uche Orji, who briefed State...

NSIA Moves To Tackle Gas Flaring

NSIA Moves To Tackle Gas Flaring To reduce what it described as incredible economic waste, compounded by environmental pollution, the Nigeria Sovereign Investment Authority (NSIA), plans to invest in the biggest gas flare capture in the country. The decision follows Nigeria's high gas flaring rate reputed...

NSIA’s Assets Grow To N617bn Under Management

NSIA's Assets Grow To N617bn Under Management   The Nigeria Sovereign Investment Authority has grown its assets under management to $1.9bn (N617.69bn). The Managing Director and Chief Executive Officer, NSIA, Mr Uche Orji, said that as of the end of 2018, the NSIA had assets under management...

NSIA Grow $1.5bn SWF By $350m

NSIA Grow $1.5bn SWF By $350m The Nigerian Sovereign Investment Authority (NSIA), which is the agency managing the Sovereign Wealth Fund (SWF), said it had grown the seed capital of $1.5bn given to it by the Federal Government by about $350m. The fund set up in...

NSIA Gets New Executive Directors

NSIA Gets New Executive Directors President Muhammadu Buhari has confirmed the appointment of two Executive Directors for the Nigeria Sovereign Investment Authority. Those whose appointments were confirmed were Mrs Stella Ojekwe-Onyejeli, who was reappointed as Executive Director for a second term. She is also the Chief...