Defying the impact of the pandemic, the Nigeria Sovereign Investment Authority’s (NSIA) comprehensive income soared 343% to NGN160 billion in 2020, according to its financial results published today. Investments in capital markets along with exchange gains from foreign currency worth NGN51 billion drove the sovereign wealth fund’s performance.NSIA’s net assets...
Defying the impact of the pandemic, the Nigeria Sovereign Investment Authority’s (NSIA) comprehensive income soared 343% to NGN160 billion in 2020, according to its financial results published today. Investments in capital markets along with exchange gains from foreign currency worth NGN51 billion drove the sovereign wealth fund’s performance.NSIA’s net assets...