Business

NSIA net assets nearly double to N4.35trn in 2024

DailyTimesNGR DailyTimesNGR 2 April 2025 0

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

Money

NSIA Insurance receives awards on quality products, services

DailyTimesNGR DailyTimesNGR 20 January 2024 0

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

News

BREAKING: Buhari inaugurates NSIA board

Ihesiulo Grace 1 September 2021 0

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

Business

NSIA confirms receipt of $311m Abacha loot

Ihesiulo Grace 4 July 2020 0

*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 […]

News

NSIA to Invest Additional N114bn in Presidential Fertilizer Initiative

Ihesiulo Grace 25 June 2020 0

. 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 […]

News

Photos: Finance Minister in virtual meeting with NSIA global citizens forum

Ihesiulo Grace 15 May 2020 0

Business

Why Buhari approved withdrawal of $150m from NSIA

Ihesiulo Grace 7 April 2020 0

…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

News

Buhari appoints board members for NSIA

Ihesiulo Grace 22 March 2017 0

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 […]