Sovereign Wealth Fund Will Drop to $201m After $150m Withdrawal     The plan by the Federal Government to withdraw $150m from the stabilisation fund of the Sovereign Wealth Fund would reduce the amount in the account to $201m. The Nigeria Sovereign Investment Authority said this in a...

COVID-19: Buhari Approves Withdrawal Of $150m From Sovereign Wealth Fund   President Muhamadu Buhari, has given approval for the withdrawal of $150m from the Sovereign Wealth Fund for distribution to the three tiers of government. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed...

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...