Posts by CKD-Admn7763
NSIA, Ogun State Government & InVivo Sign Letter of Intent for Land Restoration Projects
Abuja –The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), managers of Nigeria’s sovereign wealth fund, in partnership with the Ogun
State Government (Ogun State) and the InVivo Foundation, the endowment fund of the InVivo Group, France's leading agricultural cooperative,
have signed a Letter of Intent (“LOI”) to spearhea investments in reforestation and land restoration projects in Imeko and Aworo Forest and Game
Reserves in Ogun State.
NSIA wins International Awards for Infrastructure Investment
Abuja -The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), managers of Nigeria’s sovereign wealth fund, has won the 2018 Africa
Investor (Ai) award for Sovereign Wealth Fund Infrastructure Investment Initiative, a second win for the Authority in this category having emerged winner of the same award in 2016.
NSIA Announces Audited Financial Result for 2017 Financial Year
Abuja, Nigeria - The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth funds, today announced
its audited results for 2017, reflecting the Fund’s fiscal position and investment activities for the year.
NEC Approves $650M Seed Funding as FG Establishes Presidential Infrastructure Development Fund
President Muhammadu Buhari has approved the establishment of a Presidential Infrastructure Development Fund (PIDF), which is to be managed by the Nigeria Sovereign Investment Authority (NSIA), and invested specifically in critical road and power projects across the country.
NSIA Invests in Smallholder Framers through Babban Gona Franchise Model
The Board of Directors of the NSIA, led by the Chairman, Mr. Jide Zeitlin and the Managing Director, Mr. Uche Orji today signed an agreement for the investment of US$5.0 million in Babban Gona (“BG” or the “Company”), a high impact, scalable agricultural franchise that focuses on smallholder
farmers.
NHDIC and Federal Ministry of Health co-invest in Healthcare.
Abuja- In a significant step towards providing citizens with access to world class healthcare, the NSIA Healthcare Development and Investment Company (“NHDIC”), an NSIA Company, in collaboration with Federal Ministry of Health (“FMOH”) today announced the execution of joint venture and other project agreements for investments in 3 federal healthcare institutions in Nigeria namely, the Lagos University Teaching Hospital (LUTH, Lagos), the Aminu Kano Teaching Hospital (AKTH, Kano) and the Federal Medical
Centre Umuahia (FMCU, Abia).
Global Credit Ratings Co. (GCR) – GCR accords a ‘AAA(NG)(sf)’ indicative rating to Viathan Funding Plc’s Series 1 Guaranteed Bonds
Lagos - Global Credit Ratings has accorded an indicative public long term rating of ‘AAA(NG)(sf)’ to the Series 1 Senior Guaranteed Fixed Rate Bonds (“Bonds” or “Series 1 Bonds”) to be issued by Viathan Funding Plc (“VFP” or “the Issuer”), under the Issuer’s N50bn Medium Term Note Programme (“MTNP” or the “Programme”); with the Outlook accorded as Stable. The Series 1 Bonds amount is anticipated to be N10bn, with final maturity of November 2027.
NSIA Announces Change in Capital Allocation Strategy From 20:40:40 To 20:30:50
Abuja – The Board of Directors of the NSIA is pleased to announce the approved changes in the Authority’s capital allocation strategy which, forthwith, will result in increased capital contributions to the Nigeria Infrastructure Fund (NIF).
Sahel Capital Closes Fund for Agricultural Finance in Nigeria (FAFIN) at $65.9 Milllion
Sahel Capital, fund manager for the Fund for Agricultural Finance in Nigeria (“FAFIN”), is pleased to announce the successful $65.9
million final close of its debut fund.
NSIA Announces 2016 Performance
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth funds, today announced its performance for the year ended 31st December 2016 as audited by PricewaterhouseCoopers