Nigeria Sovereign Wealth to Invest in Nigerian Fannie Mae

Posted on 01/17/2014

The Nigeria Infrastructure Fund, one of the sovereign funds under the Nigeria Sovereign Investment Authority (NSIA), has received board approval to invest 1.6 billion NGN (US$ 9.92 million) in the Nigeria Mortgage Refinance Company Plc (NMRC). Uche Orji, the managing director and CEO of the NSIA, will join the board of the NMRC. Nigeria Mortgage […]