Nigeria Sovereign Investment Authority (NSIA) News

Sahel Capital closes agribusiness fund FAFIN at $65.9 million

Sahel Capital closes agribusiness fund FAFIN at $65.9 million

Sahel Capital, fund manager for the Fund for Agricultural Finance in Nigeria (“FAFIN”), is pleased to announce the successful $65.9 million final close of its debut fund.

WSJ Africa Bureau Chief Joe Parkinson (Left), Kenya's Central Bank Governor Patrick Njoroge (Center) and Nigeria's Sovereign Wealth Fund's CEO Uche Orji (Right)

Kenya and Nigeria Officials Have Different Economic Outlooks (Videos)

Kenya’s Central Bank Governor Patrick Njoroge and Nigeria’s Sovereign Wealth Fund’s CEO Uche Orji discuss their nations’ growth prospects.

Novare Lekki Mall (Illustration)

Nigerian property crash attracts brave investors betting for the long-term

A property market crash in Nigeria offers opportunities for brave investors betting that Africa’s most populous nation will deliver high returns when it climbs out of recession.

Diane Radley, Old Mutual Investment Group

Why Old Mutual is investing millions in Nigeria's property and agriculture markets

This month, South African financial services firm Old Mutual Investment Group announced a partnership with Nigeria’s sovereign wealth fund for the investment of US$700m in real estate and agriculture.

Uche Orji, CEO, Nigeria Sovereign Investment Authority. newafricanmagazine.com

Nigeria's sovereign wealth fund grew assets by 20% to $1.07B in 2015, says CEO Uche Orji

Total assets of Nigeria’s sovereign wealth fund grew to 213.67 billion naira ($1.07 billion) in 2015, up by 20 percent compared with the previous year, its managing director said on Friday.

Nigeria’s new president Muhammadu Buhari

A new Nigerian government increases opportunities for the private sector

The swearing in of Nigeria’s new president Muhammadu Buhari last week has led to renewed optimism regarding economic progress in the country and new opportunities for the private sector, particularly in infrastructure development, consumer and financial services sectors.

US private equity firm KKR made its maiden investment in Africa in 2014, spending $200M on a stake in an Ethiopian flower farm.

African private equity deals hit seven-year high

The value of private equity deals in Africa reached their second-highest level on record in 2014 as population growth and an increasingly stable political climate helped drive international interest in the continent.

Uche Orji, CEO, Nigeria Sovereign Investment Authority

Nigeria's sovereign wealth fund has 'good year' tapping dollar investments: Uche Orji, CEO, Nigeria Sovereign Investment Authority

Nigeria’s $1.55 billion sovereign wealth fund had a “good year” after weighting its investments toward dollar assets, according to Chief Executive Officer Uche Orji.

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

Nigeria's sovereign wealth fund doesn't expect state to tap it for funds: Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

The government of Nigeria is unlikely to make withdrawals from the sovereign wealth fund in Africa’s largest oil producer, even as the price of crude declines.

CEO of Nigeria’s Sovereign Wealth Fund, Uche Orji: “It is really important that the human resources that we have stay—that is what will change Africa.

Africa's prospects rise with tide of returning professionals: Uche Orji, CEO & MD, Nigeria Sovereign Investment Authority

A rising tide is lifting optimism in Africa.It’s a tide of returning professionals that is bucking a counter trend of growth being dragged down by a cooling Chinese economy.

Ngozi Okonjo-Iweala, Minister of Finance, Nigeria

Nigeria targets $10B capitalization for proposed Wholesale Development Bank of Nigeria (WDBN): Ngozi Okonjo-Iweala, Nigeria's Minister of Finance

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the Federal Government is targeting capital base of $10bn for the proposed Wholesale Development Bank of Nigeria.

Emerging Capital Partners (ECP) Private Equity

Private equity is Africa's best-kept investment secret: Hurley Doddy & Vincent Le Guennou Co-CEOs of Emerging Capital Partners (ECP) Private Equity

Africa is ripe for investment, a fact that is being acted upon by Abu Dhabi companies with increasing regularity.

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)

The Nigerian Sovereign Wealth Fund's investment strategy: Uche Orji, CEO, Nigeria Sovereign Investment Authority (Video)

The Nigeria Sovereign Investment Authority (NSIA), which manages the nation’s Sovereign Wealth Fund, often treads cautiously when embarking on key investments.

Nigeria Sovereign Investment Authority (NSIA)

The Nigeria Sovereign Investment Authority (NSIA), the country's $1B sovereign wealth fund, rated 9 out of 10 for transparency: Sovereign Wealth Fund Institute (SWFI)

Sovereign wealth fund tracking firm, the Sovereign Wealth Fund Institute (SWFI), has upgraded Nigeria‘s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), to 9 points on the SWFI’s 10-point Linaburg-Maduell Transparency Index.

Nigeria Sovereign Investment Authority (NSIA)

Nigeria's $1B Sovereign Wealth Fund Releases New Website

Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority (NSIA), recently released a revamped version of its website.