The Nigeria Sovereign Investment Authority (NSIA) has announced the formal handover of the Second Niger Bridge to the Federal Government following its completion. The Second Niger Bridge, linking South-Eastern Nigeria to other regions, was implemented through the Presidential Infrastructure Development Fund (PIDF), with NSIA acting as both Fund and Project Manager. The scope of the […]
Tag: Presidential Infrastructure Development Fund (PIDF)
NSIA Reports N153.56Bn Profit Amid Global Investment Climate Uncertainties
Despite uncertainties in the global investment space and sundry fiscal constraints in the domestic environment, the Nigerian Sovereign Investment Authority (NSIA) has reported N153.56bn profit in the 2021 financial year. Despite the increasingly volatile global investment climate, the NSIA which was set up by the Federal Government in 2012 to manage Nigeria’s Sovereign Wealth Fund, […]
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 […]