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...
