Press Release
NSIA Announces Audited Financial Results for 2021 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 2021 financial year.
Launch of the Nigeria Solidarity Support Fund
A solidarity fund designed to provide additional support for Nigeria’s response to tGlobal Citizen and the Nigeria Sovereign Investment Authority (NSIA) announce the imminent launch of he COVID-19 pandemic.
Kasi Cloud Ltd. Breaks Ground in Lagos, Nigeria on New Hyperscale Data Center
Nigerian company Kasi Cloud Ltd. (Kasi), the next-generation interconnection and data center platform for hyperscale and enterprise cloud, is delighted to announce that it held a groundbreaking ceremony in Lekki, Lagos on April 19, 2022 to signal the beginning of construction on the company’s first of several planned data center campuses in Nigeria.
PIDF donates security vehicles to the Nigeria Police Force for the Abuja-Kano Road Project
Following a directive from President Muhammadu Buhari, the Presidential Infrastructure Development Fund (“PIDF”) working through the Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) has donated 16 fully equipped operational security vehicles to the Nigeria Police Force to further protect lives and property along the 165km stretch of the ongoing Abuja – Kano Road (“AKR”) construction project.
Federal Government of Nigeria appoints another Non-Executive Director to the Board of the NSIA
His Excellency, President Muhammadu Buhari, has approved the appointment of Dr. Ogechi Paschal-Ejiogu to the Board of Directors of the Nigeria Sovereign Investment Authority, effective Thursday, January 6th, 2022. She replaces Mr. Ike Chioke, the former appointee for the South-East region of Nigeria, who followin his appointment in 2021, had respectfully requested to be relieved of Board duty at the NSIA as his firm
was appointed to support government in another role.
NSIA Announces Partnership with REA
The Nigeria Sovereign Investment Authority (NSIA) is investing in the Off-Grid renewable space in partnership with the Rural Electrification Agency (REA). The Solar Power Naija Program is being launched under the Buhari Administration’s Economic Sustainability Plan (“ESP”) and supervised directly by the Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo.
NSIA Announces Audited Financial Results for 2020 Financial Year
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, today announces its audited results for 2020 financial year, reflecting a strong financial performance and consistent implementation of strategic infrastructure investment programmes
for the year.
NSIA Implements Restructuring of the Presidential Fertilizer Initiative (PFI).
The Nigeria Sovereign Investment Authority, NSIA has begun implementing the directive for the restructuring of the Presidential Fertilizers Initiative (“PFI”).
NSIA and BVGH partner to bolster cancer treatment for Nigerians
The Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) announces the expanded strategic partnership between the NSIA-LUTH Cancer
Center (“the Center”) and BIO Ventures for Global Health (BVGH) to realize NSIA’s vision for reducing the impact of cancer in Nigeria.
NSIA signs landmark agreements with OCP of Morocco, Others.
NSIA signs landmark agreements with OCP of Morocco, Akwa Ibom State, NNPC, GACN, NCDMB and FEPSAN for development of US$1.4 billion plant to produce Ammonia and Diammonium Phosphate, under its Gas Industrialization Strategy.