Nigerian Sovereign Wealth Receives $550 Million from Government

Posted on 02/10/2014

The Nigerian Sovereign Investment Authority (NSIA) has received US$ 550 million from the government of Nigeria. Nigeria is sub-Saharan Africa’s top oil producer. The amount was raised from proceeds of a Eurobond flotation in 2013. The current total assets under management for Nigeria’s sovereign wealth authority is US$ 1.55 billion. On July 3, 2013, the […]

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