Press Release
NSIA Announces Audited Financial Results for 2022 Financial Year
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 is Set to Open Application Portal for the Maiden Edition of the NSIA Innovation Prize
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.
President Buhari Commissions 10MW Kano Solar Project
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.
NSIA To Unveil Prize For Innovation, December 10
The Nigerian Sovereign Investment Authority will on Saturday, December 10 this year, launch the maiden edition of the NSIA Prize for Innovation programme (NPI).
Pioneer Staff, Umar-Sadiq, Owodunni and Makoju Appointed as New Executive Management Team of The Nigeria Sovereign Investment Authority.
President Muhammadu Buhari, has appointed three Executive members to the Board of the NSIA. The new appointees are Mr. Aminu Umar-Sadiq, Mr. Kolawole Owodunni and Mrs. Olubisi Makoju.
Vice President Yemi Osinbajo Commissions NSIA’s Ultramodern Farm In Nasarawa State
Today, the Vice President of the Federal Republic of Nigeria, Prof. Yemi Osibajo commissioned the Pandagric Novum, a state-of-the-art farm located in Nasarawa State. The project is backed by the Nigeria Sovereign Investment Authority (NSIA), the premier investment institution of the federation, and Signature Agri Investments Signature), an investment portfolio agency based in The Netherlands and Managers of the Old Mutual Agri Fund
Nigeria Sovereign Investment Authority to invest in Africa50 Infrastructure Acceleration Fund
The Nigeria Sovereign Investment Authority announced today that it will invest in the Africa50 Infrastructure Acceleration Fund (“Acceleration Fund”).
NSIA Set To Implement First Phase of Healthcare Expansion Programme, Signs Agreement With Three State Governments and Five Federal Tertiary Hospitals
The Nigerian Sovereign Investment Authority (“NSIA” or “the Authority”), today entered into agreements with three (3) State Governments and five (5) Federal Tertiary Hospitals under the first phase of its healthcare expansion programme. The Authority, through its wholly-owned subsidiary, the NSIA Healthcare Development and Investment Company (“NHDIC”) has entered into collocation agreements with eight (8) partners in total. Specifically, NHDIC has signed Lease and Collaboration agreements with the eight identified partners.
Nigeria Sovereign Investment Authority Secures First-Ever Credit Rating
The Nigeria Sovereign Investment Authority (“NSIA”), Nigeria’s sovereign wealth fund, has received an “Aaa” rating from Agusto & Co. (“Agusto”), Nigeria’s foremost rating agency. The grade, which is NSIA’s first credit rating, affirms that the Authority’s outlook is stable.
Nigeria Sovereign Investment Authority and Vitol to establish carbon reduction and offset joint venture
The Nigeria Sovereign Investment Authority and Vitol today announce that they have entered into an agreement to establish a joint venture to invest in a range of high integrity, socially impactful, carbon avoidance and removals projects. NSIA and Vitol have agreed to make an initial commitment of US$50 million to this new venture.