Budgeting Economy News Extra Investments/Capital Market Latest News Planning & Economic Development Power/Electricity

NSIA Targets Power Plants’ Takeover To Deepen Investment Foray

Indications emerged on Tuesday that Nigeria Sovereign Investment Authority (NSIA) is making moves to takeover some of the key under-performing government assets, including uncompleted power plants, in its ongoing plans to broaden the scope of its investment management roles. Reuters quoted the authority’s Managing Director, Uche Orji, as saying that the plans to take over […]

Agriculture & Agribusiness Budgeting Latest News

FG To Take Delivery Of Fertilizers From Russia, Canada

The Nigeria Sovereign Investment Authority (NSIA) has hinted that Nigeria would take delivery of potash fertilizer from Russia and Canada next week for distribution as part of Federal Government’s support to famers for the ongoing rainy season farming. NSIA’s Managing Director, Mr.Uche Orji, who made this disclosure on Thursday during a media briefing on the […]

Economy News Extra Infrastructure & Capital Projects Insurance & Pension Investments/Capital Market Latest News

NSIA Reports N68.3Bn Profit, To Get New $250Mn Support

The Nigeria Sovereign Investment Authority (NSIA) on Thursday disclosed that it posted N68.3 billion as profit from January 2018 to June 30 this year from its various investment activities. The Managing Director of state-owned investment authority, Mr Uche Orji, who made the disclosure at the end of the National Economic Council (NEC), meeting held in […]