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Author name: NSIA Admin

Non-Executive Director

Federal Government of Nigeria appoints another Non-Executive Director to the Board of the NSIA

His Excellency, President Muhammadu Buhari, has approved the appointment of Dr. Ogechi Paschal-Ejiogu to the Board of Directors of the Nigeria Sovereign Investment Authority, effective Thursday, January 6th, 2022. She replaces Mr. Ike Chioke, the former appointee for the South-East region of Nigeria, who followin his appointment in 2021, had respectfully requested to be relieved of Board duty at the NSIA as his firm
was appointed to support government in another role.

Federal Government of Nigeria appoints another Non-Executive Director to the Board of the NSIA Read More »

Nigerian Government to withdraw US$150 million from the Stabilisation Fund (SF) of the Sovereign Wealth Fund (SWF) to contain emerging fiscal risks

The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth funds, today announces that the FGN plans to draw the sum of US$150 million from the Stabilisation Fund (SF).

Nigerian Government to withdraw US$150 million from the Stabilisation Fund (SF) of the Sovereign Wealth Fund (SWF) to contain emerging fiscal risks Read More »

Independent Auditor

Trilateral Agreement on the Sharing, Transfer, Repatriation, Disposition and Management of Certain Forfeited Assets

On the 3rd of February 2020, the Federal Government of Nigeria (“FGN”), The Bailiwick of Jersey and the Government of the United States of America entered into an agreement regarding the sharing, transfer, repatriation, disposition and management of certain forfeited assets (the “Recovered Assets Agreement”).

Trilateral Agreement on the Sharing, Transfer, Repatriation, Disposition and Management of Certain Forfeited Assets Read More »