Abridged Financial Statement

Report On The Summary Consolidated And Separate Financial Statements The summary consolidated and separate financial statements (the “summary financial statements”), which comprise the summary consolidated and separate statements of financial position as at 31 December 2023 and the summary consolidated and separate statements of comprehensive income for the year then ended are derived from the […]

Report On The Summary Consolidated And Separate Financial Statements The summary consolidated and separate financial statements (the “summary financial statements”), which comprise the summary consolidated and separate statements of financial position as at 31 December 2022 and the summary consolidated and separate statements of comprehensive income for the year then ended are derived from the

Report On The Summary Consolidated And Separate Financial Statements The summary consolidated and separate financial statements (the “summary financial statements”), which comprise the summary consolidated and separate statements of financial position as at 31 December 2021 and the summary consolidated and separate statements of comprehensive income for the year then ended are derived from the

RESULT FOR THE YEAR ENDED 31 DECEMBER 2020 This summary consolidated and separate financial statement (the “summary financial statements”), which comprise the summary consolidated and separate statement of financial position as at 31 December 2020 and the summary consolidated and separate statements of comprehensive income for the year then ended sre derived from the audited

REPORT ON THE SUMMARY CONSOLIDATED AND SEPARATE FINANCIAL STATEMENT

Table Of Content INTRODUCTION 02 About NSIA 04 The Mandate Funds 06 Corporate Philosophy 08 Chairman’s Statement 09 Chief Executive Officer’s Review 10 Investment Milestones 11 FUNDS MANAGEMENT 12 Market Overview 13 The Future Generations Fund 14 The Stabilization Fund 15 The Nigeria Infrastructure Fund 16 Third-Party Managed Funds 16

Table Of Content Directors’ Officers and Professional advisors Directors’ report Statement of directors responsibilities Independent auditor’s report on the financial statements Statement of comprehensive income Statement of financial position Statement of changes in equity Statement of cash flows Notes to the financial statements

Table Of Content General information Basis of preparation Significant accounting policies Critical accounting estimates and judgements financial risk management Fair value hierarchy Segment information Investment income Interest income Net foreign exchange gains and other fee income

Table Of Content General information Basis of preparation Significant accounting policies Critical accounting estimates and judgements Financial eisk management Fair value hierarchy Segment information Investment Income Interest income Other non-operating income Operating and administrative expenses Personal expenses