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...

NSIA’s Net Assets Hit N919.7Bn In 2021, Despite Market Challenges Nigeria Sovereign Investment Authority (NSIA) announced it recorded positive returns, achieving net assets growth of N919.73 billion in 2021 as compared to N772.75 billion in 2020, representing 19 percent increase. The Authority also recorded continuous earnings...

Fertiliser Imports Rise By 84% To N117bn       Despite various measures to encourage local production, a total of about N117 billion (or $247.91 million) was expended on fertiliser importation in the past year. Fertiliser imports increased by $37.71 million in 2019 to $247.91 million last year, representing...

NSIA Increases Infrastructure Funding to 50% The Nigeria Sovereign Investment Authority (NSIA), the agency managing the Sovereign Wealth Fund has decided to increase its funding for infrastructure development from the previous arrangement of 40 percent to 50 percent. The Managing Director and Chief Executive Officer of...

NSIA Profit Down by N107bn The Nigeria Sovereign Investment Authority (NSIA), the agency managing the Sovereign Wealth Fund has recorded a drop in its profit from N130.3 billion in 2016 to N22.5 billion in 2017. The Managing Director and CXhied Executive Office of NSIA, Mr Uche...

Nigeria Sovereign Investment Authority, NSIA, managers of Nigeria sovereign wealth fund, has said that 40 per cent of the additional $250 million (an equivalent of N49.3 billion) allocated to it by the Federal Government February this year would be deployed to fund on-going infrastructure...