Yearly Archives: 2023

Today, the Nigeria Sovereign Investment Authority ("NSIA" or "the Authority"), managers of Nigeria's sovereign wealth fund announced the launch of two of its flagship companies namely the NSIA Advanced Medical Service Ltd ("MedServe") and Equilease Systems Limited ("Equilease") as well as the receipt of the Enugu State Medical Diagnostic Centre (‘the Centre”) from the Enugu State Government under its healthcare expansion programme.

The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture (“JV”) agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects.

The Nigeria Sovereign Investment Authority ("NSIA" or "The Authority"), manager of Nigeria's sovereign wealth fund, today announces its audited results for the 2022 financial year. The financial performance underscores the resilience of the NSIA's investment strategy and the quality of its earnings, notwithstanding the challenging macroeconomic environment.

NSIA launched an innovation prize with a total prize value of US$255,000 to be awarded as a combination of cash and equity investment in the underlying businesses of the winners.

NSIA has completed the development and construction of a 10MW solar farm in the Kumbotso Local Government Area (LGA) of Kano on behalf of the Federal Government of Nigeria, the Kano State Government, and Kumbotso Local Government Area.