30 results
- 12 Oct 2017
Buhari Re-appoints Orji as MD, Sovereign Investment Authority
President Muhammadu Buhari has re-appointed Mr Uchechi Orji as Managing Director of the Nigeria Sovereign Investment Authority (NSIA). This is contained in a statement issued by Mr Femi Adesina, the…
- 16 Jul 2014
NSIA Gets Transparency Upgrade by Sovereign Wealth Institute
Nigeria Sovereign Investment Authority (NSIA) has received improved rating as a sovereign wealth fund by the Linaburg-Maduell transparency index administered by the Sovereign Wealth Institute. In the…
- 12 Feb 2016
IFC, NSIA Map out Strategies to Increase Investments in Nigeria
IFC, a member of the World Bank Group, and Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, have co-hosted a hospital sector focused roundtable to foster…
- 13 Feb 2024
NSIA to Empower Nigerian Tech Entrepreneurs with $220,000
The Nigeria Sovereign Investment Authority (NSIA) has unveiled the second edition of the ‘NSIA Prize for Innovation programme’ (NPI 2.0), with a combined prize value of $220,000 and an all-expense…
- 9 Jan 2017
NSIA in Credit Tie-up to Unlock Infrastructure Funding
Nigeria Sovereign Investment Authority (NSIA) is setting up a company in partnership with London-based local currency guarantee firm GuarantCo to enable pension funds to invest in Nigerian…
- 16 Sept 2020
NITDA To Partner NSIA On Start-Ups Investment
The National Information Technology Development Agency (NITDA) is to partner with the Nigeria Sovereign Investment Authority (NSIA) towards investing in Start-ups to create more jobs and wealth in…
- 19 Nov 2023
NSIA, IFC To Stake $500m Into Renewable Energy Development In Nigeria
Nigerian Sovereign Investment Authority (NSIA) in partnership with the International Finance Corporation ( IFC) World Bank’s investment outlet is committing $500 million to renewable energy projects…
- 17 Feb 2021
NSIA, InfraCo Set to Enhance Nigeria’s Infrastructure
The Nigerian Sovereign Investment Authority (NSIA) has said it will collaborate with the newly-established infrastructure company (infraCo) to support the development of Nigeria’s infrastructure.…
- 11 Jul 2014
Orji, Nkontchou to Address Global African Investment Summit
The organizers of The Global African Investment Summit (TGAIS) have listed Uche Orji, managing director & chief executive officer of the Nigerian Sovereign Investment Authority (NSIA) and…
- 13 Aug 2016
Old Mutual to Invest in Nigerian Real Estate
Anglo-South African financial services firm Old Mutual and Nigeria's sovereign wealth fund on Friday signed agreements to set up two funds to invest in real estate and agriculture in Africa's most…
- 17 Jan 2017
NSIA, GuarantCo Set Up $200m Infracredit Firm
Nigeria Sovereign Investment Authority (NSIA) and GuarantCo have announced the establishment of an infrastructure credit enhancement facility in Nigeria (InfraCredit) conceptualized in 2014. The $200…
- 1 Jul 2024
NSIA Announces Phase 2 of $220,000 Start-ups Innovation Prize
The Nigeria Sovereign Investment Authority (NSIA) has announced the start-ups to participate in the second phase of the accelerator stage (physical bootcamp) of the NSIA Prize for Innovation (NPI…
- 23 Dec 2021
NSIA, REA Plan N10Bn Solar System Roll-out
Drawing strength from the Economic Sustainability Plan (ESP), the Nigeria Sovereign Investment Authority (NSIA) and the Rural Electrification Agency (REA) are set to unveil over 200,000 Solar Home…
- 18 Mar 2026
NSIA Sign MoU with UK’s Asset Green Ltd to Develop $496M Integrated Dairy Livestock Production Platform in Nigeria
The Nigeria Sovereign Investment Authority (NSIA) has signed a Memorandum of Understanding (MoU) with UK‑based Asset Green Ltd to advance the development of a large‑scale integrated dairy livestock…
- 6 Jan 2014
Ministers, Bank Chiefs Jostle for Sanusi’s Job @ CBN
Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate cum political chess game to succeed…
- 25 Feb 2021
FG Seeks Asset Manager for N15tn Infraco Fund
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and…
- 27 Jun 2021
Danbatta, NCC Boss to Keynote 2021 BoICT Lecture Series
Prof. Umar Garba Danbatta, executive vice chairman, Nigerian Communications Commission (NCC) has agreed to set the tone for this year’s Beacon of Information and Communication Technology (BoICT)…
- 20 Jun 2014
FG To Receive $227m Abacha Loot Next Week
Federal government will next week receive $227 million from the government of the Principality of Liechtenstein, part of looted funds recovered from the Abacha family. To ensure proper utilisation of…
- 9 Aug 2014
Oduoza , UBA Boss @ US-Africa Business Leaders Summit , Calls for Capacity Growth
Mr. Phillips Oduoza, group managing director/CEO, UBA Plc has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders…
- 19 Dec 2013
AFC Closes US$250m Syndicated Term Loan Facility
The Africa Finance Corporation (AFC) has signed a US$ 250 million syndicated term loan facility, marking its debut in the international syndicated loan market. The facility, which was oversubscribed,…
- 12 Feb 2021
FG Floats N1trn Infra-Co to Tackle Infrastructure Deficit
President Muhammadu Buhari has approved the establishment of a Public Private Partnership (PPP), styled Infrastructure company named Infra-Co with an initial seed capital of one trillion naira.…
- 20 May 2026
Nigeria gets AI-ready Lagos data centre
Kasi Cloud Datacentres has launched an AI-ready hyperscale data centre in Lagos, marking a significant step in Nigeria’s digital infrastructure expansion and cloud localisation ambitions. The company…
- 12 Apr 2019
AfDB Approves $15million Investment Package for InfraCredit Company in Nigeria
The Board of the African Development Bank has approved a $15-million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through the…
- 30 Nov 2023
COP28: NASENI EVC, Halilu To Speak On Homegrown Technologies For Rural Electrification In Dubai
Mr. Khalil Suleiman Halilu, executive vice chairman/chief executive officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), is set to detail the Agency's plans and…
- 24 Mar 2021
CardinalStone Capital Advisers Announces Final Close of Maiden Private Equity Fund
CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final close of its maiden private equity fund, the CardinalStone Capital Advisers Growth Fund LP…
- 23 Jun 2021
USTDA, InfraCredit Partner on Infrastructure in Nigeria
InfraCredit, a specialised infrastructure credit guarantee institution has signed a Memorandum of Understanding (MoU) with the United States Trade and Development Agency to bring high-quality U.S.…
- 16 Sept 2020
Buhari Okays Establishment of CBN-Led Infraco
President Muhammadu Buhari has approved the establishment of an Infrastructure Company (Infraco) to be driven by the Central Bank of Nigeria (CBN) in partnership with the African Finance Corporation…
- 14 Dec 2020
InfraCo Africa Invests $27m in InfraCredit to Finance Infrastructure
InfraCredit, a specialised local currency infrastructure credit guarantee institution, has announced the completion of a $27 million equity investment by InfraCo Africa, part of the Private…
- 2 Aug 2021
Agusto & Co Assigns ‘AAA’ Rating, Stable Outlook on DBN
Agusto & Co., a credit rating agency assigns an “AAA” rating on the Development Bank of Nigeria Plc, DBN, the highest rating possible on any institution. In summarizing the rating, which…
- 21 Oct 2024
AfDB to Support Youth and Women-led MSMEs in Nigeria with $100m Loan
The African Development Bank has approved a $100 million loan to increase access to finance for youth and women-led small and medium enterprises, under the Nigeria Youth Entrepreneurship Investment…