Aminu Umar-Sadiq

Nigeria’s Sovereign Wealth Fund grows by 119% to N2.258trn

Nigeria’s Sovereign Wealth Fund grows by 119% to N2.258trn

Nigeria’s sovereign wealth fund, managed by the Nigeria Sovereign Investment Authority, NSIA, grew by 119 percent in 2023 to N2.258 trillion ($2.47 billion) from N1.032 trillion ($2.27bn) in 2022, the authority’s CEO, Aminu Umar-Sadiq has disclosed.