BY TUNDE OPALANA The Nigeria Sovereign Investment Authority (NSIA) has grown its net asset to N4.35 trillion in December 2024. The figure almost doubled the 2023 net assets base of N2.2 trillion. Declaring the audited financial results of the Authority’s 2024 fiscal year, NSIA’s Head of Corporate Communications, Joyce Onyegbula, in a statement on Monday […]
By Motolani Oseni NSIA Insurance has been awarded with SeamlessHR Product Honor Roll Award. This, the insurer said, is a testament to NSIA Insurance’s commitment to leveraging cutting-edge solutions for organizational success. The Product Honor Roll Award, presented by SeamlessHR, recognises organisations with the highest product usage, showcasing a dedication to innovation and the effective […]
The President, Major General Muhammadu Buhari (retd.), has inaugurated the board of the Nigeria Sovereign Investment Authority. This was done during the Federal Executive Council meeting presided over by the President at the State House in Abuja on Wednesday. Presidential aide, Buhari Sallau disclosed this via a post on Facebook. “President Muhammadu Buhari inaugurates the […]
*To be utilized in funding second Niger Bridge, Lagos-Ibadan road, others *Grew asset by 5% to N649bn in 2019 The Nigeria Sovereign Investment Authority (NSIA) has confirmed that it is now in possession of $311 million Abacha loot which was released by the federal government to fund key infrastructure projects in the country. Managing Director of NSIA […]
. The Nigeria Sovereign Investment Authority has concluded plans to invest another N114 billion into the Presidential Fertilizer Initiative (PFI).This will increase total investment in the PFI to N221 billion since 2017 when the initiative was established.The PFI was established following the visit of the King of Morocco to Nigeria in December 2016 and the […]
…as FG provides N102bn intervention in the healthcare sector President Muhammadu Buhari has approved the withdrawal of $150 million from the Nigeria Sovereign Investment Authority (NSIA) Stabilization Fund to support the June 2020 FAAC disbursement. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed disclosed this during a news conference on the fiscal stimulus […]
President Muhammadu Buhari has approved the list of nominees into the reconstituted Board of Directors of the Nigeria Sovereign Investment Authority. The agency, which announced the approval on Wednesday in a statement in Abuja, said the list had earlier been approved by its Governing Council. The National Economic Council, NEC, during its last meeting received […]