Nigerian Sovereign Wealth Funds Coming Closer to Fruition

Posted on 05/17/2011


Nigeria is Africa’s largest oil producer and is in the midst of creating a commodity-based sovereign wealth entity. The bill would be comprised of three segregated funds which are the Future Generations Fund, Nigerian Infrastructure Fund and Stabilization Fund. The Nigerian House of Representatives passed the sovereign wealth entity creation bill. On May 11, 2011, […]

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