Nigeria FinMin Says NSIA Manages Around $3.5 Billion Now

Posted on 09/01/2021

Nigeria’s Finance Minister Minister Zainab Ahmed said the Nigerian Sovereign Investment Authority (NSIA) now oversees around US$ 3.5 billion in assets under management. NSIA was formed in 2013. Nigeria President Muhammadu Buhari on Wednesday inaugurated a new NSIA board. NSIA is an Investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.

Get News, People, and Transactions, Delivered to Your Inbox