OSINBAJO INAUGURATES NEW COUNCIL ON INFRASTRUCTURE WITH PUBLIC-PRIVATE COLLABORATION
August 24, 2022 …List plans to further reduce deficit, attaining 70% stock Collaboration between the Federal Government and the private sector will not only ensure effective coordination of infrastructure development…
Nigeria’s sovereign fund to pivot to asset management – CEO
June 22, 2022 Nigeria’s Sovereign Investment Authority (NSIA) is seeking to take over underperforming government assets, including a power plant, as it transitions into an asset management firm, CEO Uche…
Nigeria buys emergency Canadian potash to replace lost Russian supply
May 3, 2022 Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key fertilizer from Russia due to the impact…
NSIA optimistic on 2022 completion date for 2nd Niger Bridge, others
July 30, 2021 The Nigeria Sovereign Investment Authority (NSIA), has expressed optimism that the Second Niger Bridge and the Lagos—Ibadan Expressway will be completed by 2022. Uche Orji, NSIA’s Managing…
FG, OCP of Morocco sign $1.4bn agreement on gas industrialisation
The Federal Government has signed a 1.4 billion dollar agreement with OCP Group of Morocco to produce ammonia and diammonium phosphate in the gas industrialisation strategy. A statement issued on…
National economic council approves additional $250m investment for NSIA
Having received a presentation of the Nigeria Sovereign Investment Authority (NSIA) business update, and outlook, the National Economic Council on Thursday resolved to invest an additional $250 million into…
Buhari Promises First-class Healthcare Services for Cancer Patients, Inaugurates NSIA, LUTH Diagnostic Centre
President Muhammadu Buhari has inaugurated the advanced Cancer treatment centre in Lagos, with a pledge that the model will be replicated across the country to bring quality, first-class…
FG poor currency management policy cost NSIA N170bn
The Nigeria Sovereign Investment Authority (NSIA), the agency managing the Sovereign Wealth Fund has recorded a decline in its profit from N130.3 billion in 2016 to N22.5 billion in 2017,…