Posts by CKD-Admn7763
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.
NSIA Announces Partnership with REA
The Nigeria Sovereign Investment Authority (NSIA) is investing in the Off-Grid renewable space in partnership with the Rural Electrification Agency (REA). The Solar Power Naija Program is being launched under the Buhari Administration’s Economic Sustainability Plan (“ESP”) and supervised directly by the Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo.
NSIA Announces Audited Financial Results for 2020 Financial Year
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, today announces its audited results for 2020 financial year, reflecting a strong financial performance and consistent implementation of strategic infrastructure investment programmes for the year.
NSIA Implements Restructuring of the Presidential Fertilizer Initiative (PFI).
The Nigeria Sovereign Investment Authority, NSIA has begun implementing the directive for the restructuring of the Presidential Fertilizers Initiative (“PFI”).
NSIA and BVGH partner to bolster cancer treatment for Nigerians
The Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) announces the expanded strategic partnership between the NSIA-LUTH Cancer Center (“the Center”) and BIO Ventures for Global Health (BVGH) to realize NSIA’s vision for reducing the impact of cancer in Nigeria.
NSIA signs landmark agreements with OCP of Morocco, Others.
NSIA signs landmark agreements with OCP of Morocco, Akwa Ibom State, NNPC, GACN, NCDMB and FEPSAN for development of US$1.4 billion plant to produce Ammonia and Diammonium Phosphate, under its Gas Industrialization Strategy.
NSIA Supports Tertiary Medical Institutions with Covid-19 Relief Equipment
The Board of the Nigeria Sovereign Investment Authority (“NSIA”) announces the donation of 126 units of Patient Monitors and 63 units of Oxygen Concentrators to 21 Healthcare Institutions across the 6 geopolitical zones of the country.
NSIA Announces Audited Financial Results for 2019 Financial Year
The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, today announced its results for the 2019 financial year. The results show that the Authority sustained its positive performance trajectory in the period under review.
Nigerian Government to withdraw US$150 million from the Stabilization 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 Stabilization Fund (SF).
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”).