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NSIA Announces Audited Financial Results for 2023 Financial Year

Abuja, Nigeria – March 28, 2024 The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”) today announces its audited results for the 2023 financial year. The financial performance underscores the resilience of the NSIA’s investment strategy and the quality of its earnings, despite the challenging global macro-economic, and geo-political landscape. Highlights of the Authority’s activities […]

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FMH&SW & NSIA Join Forces to Expand Access to Oncology Care through the Oncology Initiative

Abuja, Nigeria – March 28, 2024 The Federal Ministry of Health and Social Welfare (FMH&SW) and the Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”) today announced a significant partnership to enhance cancer care in six Federal tertiary hospitals in Nigeria marked by the signing of a Memorandum of Understanding (“MoU”). With the prevalence of

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NSIA & NSP Sign Joint Venture Agreement to Co-invest in Nigeria’s Pioneer 20MW on-grid Solar Hydro Hybrid Project

Abuja, Nigeria, 19th, March 2024. The Nigeria Sovereign Investment Authority (‘NSIA’ or ‘The Authority’), through its wholly-owned renewable energy subsidiary – Renewables Investment Platform for Limitless Energy (RIPLE), alongside North South Power Company Limited (NSP) are jointly investing in a pioneer 20MW solar-hydro hybrid project in Shiroro, Niger State. This strategic partnership is in alignment

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NSIA & Persianas Group Partner with Oak View Group & Live Nation to Deliver Nigeria’s first 12,000-Capacity Arena

Lagos, Nigeria – February, 2024. A consortium comprising the Nigeria Sovereign Investment Authority, (“NSIA” or “the Authority”), the Persianas Group, Live Nation, Oak View Group, the Yinka Folawiyo Group and Adino Capital, is thrilled to announce the ground-breaking ceremony for the highly anticipated 12,000-capacity arena in Victoria Island, Lagos, Nigeria. This landmark event will introduce

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NSIA Launches The Second Edition of the NSIA Prize for Innovation

Abuja, Nigeria – February 2023. The Nigeria Sovereign Investment Authority (“NSIA or “the Authority”) is excited to announce the launch of the second edition of the NSIA Prize for Innovation (NPI 2.0), with a combined prize value of US$220,000 and an all-expense paid, five-week training at Draper University, Silicon Valley, USA. The maiden edition of

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Launch of the Green Guarantee Company to Mobilise Billions in Climate Financing

5th February, London. The world’s first climate-focused guarantee company is set to unlock billions in climate finance for developing countries by providing guarantees for institutional investors buying green bonds issued and listed on the London Stock Exchange (LSE) and green loans issued in the private credit market. The Green Guarantee Company (GGC), developed by the

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The NSIA Hands Over Second Niger Bridge To The Federal Government Of Nigeria

Abuja, Nigeria – December 12 th, 2023. The Nigeria Sovereign Investment Authority (‘NSIA’ or ‘The Authority’) has transferred the Second Niger Bridge to the Federal Government of Nigeria, following its completion. The Second Niger Bridge, linking Southeastern Nigeria to other regions, was implemented through the Presidential Infrastructure Development Fund (PIDF), with NSIA acting as both

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NSIA & ZCG Announces Strategic Partnership, Sign Memorandum Of Understanding For Joint Venture Focused On Infrastructure Investments In Africa

The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, and Z Capital Group (“ZCG”), a leading private markets asset manager, today announced a joint venture partnership to establish a fund focused on infrastructure investments in Africa

NSIA & ZCG Announces Strategic Partnership, Sign Memorandum Of Understanding For Joint Venture Focused On Infrastructure Investments In Africa Read More »

NSIA Unveils Renewables Investment Platform For Limitless Energy (‘RIPLE’) & Signs Partnership Agreement With IFC To Propel Energy Transition In Nigeria

The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”) has launched a $500m Renewables Investment Platform for Limitless Energy (“RIPLE”). This transformative initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain.

NSIA Unveils Renewables Investment Platform For Limitless Energy (‘RIPLE’) & Signs Partnership Agreement With IFC To Propel Energy Transition In Nigeria Read More »