Press Release
NSIA Supports Tertiary Medical Institutions with Covid-19 Relief Equipment
The Board of the Nigeria Sovereign Investment Authority (“NSIA”) announces the donation of 126 units of Patient Monitors and 63 units of Oxygen Concentrators to 21 Healthcare Institutions across the 6 geopolitical zones of the country.
NSIA Announces Audited Financial Results for 2019 Financial Year
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, today announced its results for the 2019 financial year. The results show that the Authority sustained its positive performance trajectory in the period under review.
Nigerian Government to withdraw US$150 million from the Stabilisation Fund (SF) of the Sovereign Wealth Fund (SWF) to contain emerging fiscal risks
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth funds, today announces that the FGN plans to draw the sum of US$150 million from the Stabilisation Fund (SF).
Trilateral Agreement on the Sharing, Transfer, Repatriation, Disposition and Management of Certain Forfeited Assets
On the 3rd of February 2020, the Federal Government of Nigeria (“FGN”), The Bailiwick of Jersey and the Government of the United States of America entered into an agreement regarding the sharing, transfer, repatriation, disposition and management of certain forfeited assets (the “Recovered Assets Agreement”).
NSIA Announces Audited Financial Results for 2018 Financial Year
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, today announced its results or the 2018 financial year.
Appointment of Executive Directors
The NSIA today announced that the Presidency has confirmed the appointment of two Executive Directors to the NSIA Board
NGN8.5Bn Guaranteed Corporate Green Infrastructure Bond
Lagos, Nigeria: InfraCredit, a ‘AAA’ rated infrastructure credit enhancement facility backed by the Nigeria Sovereign Investment Authority, GuarantCo (a Private Infrastructure Development Group company), KfW Development Bank and Africa Finance Corporation, is pleased to announce its guarantee of North South Power Company Limited’s (“NSP”) NGN8.5billion
Commissioning of the NSIA – LUTH Cancer Treatment Centre
His Excellency, President Muhammadu Buhari today commissioned the NSIA - LUTH advanced cancer treatment centre located in the Lagos University
Teaching Hospital (LUTH), Idi-Araba, Lagos.
Redemption of NBET Fund
Today, the Management of the Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) announces the payment of the gross sum ofUS$417.46 million to the Nigeria Bulk Energy Trading Company Plc (“NBET”) following the expiration of the 4 years investment term.
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.