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Sovereign Investment

Sovereign Wealth Fund: Senate invites CBN to explain differential exchange rates for projects

Senate

The Senate Committee on Finance has invited the Central Bank of Nigeria (CBN) to explain the rationale behind the exchange rates it used for three key projects under the Presidential Infrastructure Development Fund (PIDF) being funded by the Nigeria Sovereign Investment Authority (NSIA) across the country. The PIDF is earmarked from dollar denominated Sovereign Wealth […]