நைஜீரியா உள்கட்டமைப்பு நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from நைஜீரியா உள்கட்டமைப்பு நிதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In நைஜீரியா உள்கட்டமைப்பு நிதி Today - Breaking & Trending Today

Why NSIA shows resilience amid global pestilence

Second Niger BridgeThe devastating impact of the COVID-19 pestilence on the global economy is obvious. Reason finance experts rightly predicted that many corporations’ finances in 2020 would be in red. The International Monetary Fund did predict that the global economy would contract by three percent as countries around the world shrink at the fastest pace in decades.
The IMF described the global decline as the worst since the Great Depression of the 1930s.
x
It said the pandemic had plunged the world into a “crisis like no other”.
The Fund added that a prolonged outbreak would test the ability of governments and central banks to control the crisis. ....

United Kingdom , Abuja Federal Capital Territory , Muhammadu Buhari , Uche Orji , Infraco Africa , Gita Gopinath , Sani Abacha , University College London , International Monetary Fund , Infrastructure Credit Guarantee Company Infracredit , Generations Fund , Central Bank , National Planning , Family Homes Funds Ltd , Nigeria Innovation Fund , Nigeria Solidarity Support Fund , Nigeria Infrastructure Fund , Presidential Infrastructure Development Fund , A Fund , Innovation Fund , Cancer Centre , Presidential Fertilizer Initiative , Stabilization Fund , Us Department Of Justice , Ministry Of Finance Incorporated , Nigeria Mortgage Refinance Company ,

Nigerian wealth funds record 33.3% asset growth in 2020

Nigerian wealth funds record 33.3% asset growth in 2020
Bloomberg
Nigeria Sovereign Investment Authority, Abuja, recorded strong performance in 2020 despite the COVID-19 pandemic, with assets up 33.3%.
The NSIA oversees three individual sovereign wealth funds: the Future Generations Fund, the Nigeria Infrastructure Fund and the Stabilization Fund.
Total assets in the three funds grew 33.3% to 772.8 billion Nigerian naira ($2 billion), while total comprehensive income was 160.1 billion naira, up from 36.2 billion naira in 2019, an update said. The asset allocation strategy for NSIA is 50% in the Nigeria Infrastructure Fund, 30% in the Future Generations Fund and 20% in the Stabilization Fund, a spokesman said.
The growth was achieved despite a $150 million withdrawal from the Stabilization Fund by the Federal Government of Nigeria. The fund performed well, despite low interest rates, the update said. Details on performance were not disclosed. ....

Abuja Federal Capital Territory , Bloomberg Barclays , Uche Orji , Generations Fund , Greenspring Associates , Helios Investment Partner Private Equity Fund , Stabilization Fund , Nigeria Infrastructure Fund , Nigeria Sovereign Investment Authority , Future Generations Fund , Federal Government , Sachem Head Capital Management , Greenspring Opportunities , Lombard Odier Investment Manager Secondary Fund , கூட்டாட்சியின் மூலதனம் பிரதேசம் , ப்ளூம்பெர்க் பார்க்லேஸ் , ஜெநரேஶந்ஸ் நிதி , கிரீன்ஸ்ப்ரிங் கூட்டாளிகள் , உறுதிப்படுத்தல் நிதி , நைஜீரியா உள்கட்டமைப்பு நிதி , நைஜீரியா இறையாண்மை முதலீடு அதிகாரம் , எதிர்கால ஜெநரேஶந்ஸ் நிதி , கூட்டாட்சியின் அரசு , சச்ெம் தலை மூலதனம் மேலாண்மை , கிரீன்ஸ்ப்ரிங் வாய்ப்புகள் ,

Breaking News | NSIA Assets Grow By N193b As Investment In Foreign Assets Appreciates

Uche Orji, CEO, Nigeria Sovereign Investment Authority (NSIA)
The Nigeria Sovereign Investment Authority (NSIA), yesterday, hinted that its net assets grew by N193.21billion in 2020, representing a 33 per cent increase over the N579.54 billion recorded in 2019. In its 2020 audited financial statement, the investment institution said it grew income from N36.15 billion in 2019 to N160.06 billion in 2020.
NSIA attributed the performance to its investments in international capital markets, improved contributions from subsidiaries/affiliates and exchange gain from foreign currency positions.
According to the financial report, NSIA recorded N109 billion as core income compared to N33.07 billion recorded in 2019, excluding devaluation gain of N51 billion. ....

United Kingdom , Abuja Federal Capital Territory , Uche Orji , Infraco Africa , Sani Abacha , University College London , Innovation Fund , Cancer Centre , Infrastructure Credit Guarantee Company Infracredit , Generations Fund , Presidential Fertilizer Initiative , Family Homes Funds Ltd , Us Department Of Justice , Nigeria Innovation Fund , Nigeria Mortgage Refinance Company , Nigeria Solidarity Support Fund , Presidential Infrastructure Development Fund , Nigeria Infrastructure Fund , Stabilisation Fund , Nigeria Sovereign Investment Authority , Federal Government , Managing Director , General Sani Abacha , Abuja Kaduna Kano Highway , Lagos Ibadan Expressway , Second Niger ,

Nigerian wealth funds record 33.3% assets growth in 2020

Nigerian wealth funds record 33.3% assets growth in 2020
Bloomberg
Nigeria Sovereign Investment Authority, Abuja, recorded strong performance in 2020 despite the COVID-19 pandemic, with assets up 33.3%.
The NSIA oversees three individual sovereign wealth funds: the Future Generations Fund, the Nigeria Infrastructure Fund and the Stabilization Fund.
Total assets in the three funds grew 33.3% to 772.8 billion Nigerian naira ($2 billion), while total comprehensive income was 160.1 billion naira, up from 36.2 billion naira in 2019, an update said. The asset allocation strategy for NSIA is 50% in the Nigeria Infrastructure Fund, 30% in the Future Generations Fund and 20% in the Stabilization Fund, a spokesman said.
The growth was achieved despite a $150 million withdrawal from the Stabilization Fund by the Federal Government of Nigeria. The fund performed well, despite low interest rates, the update said. Details on performance were not disclosed. ....

Abuja Federal Capital Territory , Bloomberg Barclays , Uche Orji , Generations Fund , Greenspring Associates , Helios Investment Partner Private Equity Fund , Stabilization Fund , Nigeria Infrastructure Fund , Nigeria Sovereign Investment Authority , Future Generations Fund , Federal Government , Sachem Head Capital Management , Greenspring Opportunities , Lombard Odier Investment Manager Secondary Fund , கூட்டாட்சியின் மூலதனம் பிரதேசம் , ப்ளூம்பெர்க் பார்க்லேஸ் , ஜெநரேஶந்ஸ் நிதி , கிரீன்ஸ்ப்ரிங் கூட்டாளிகள் , உறுதிப்படுத்தல் நிதி , நைஜீரியா உள்கட்டமைப்பு நிதி , நைஜீரியா இறையாண்மை முதலீடு அதிகாரம் , எதிர்கால ஜெநரேஶந்ஸ் நிதி , கூட்டாட்சியின் அரசு , சச்ெம் தலை மூலதனம் மேலாண்மை , கிரீன்ஸ்ப்ரிங் வாய்ப்புகள் ,

Despite Pandemic, NSIA's Income Rises by 343% to N160bn

Obinna Chima in Lagos and Emmanuel Addeh in Abuja
The Nigeria Sovereign Investment Authority (NSIA), manager of Nigeriaâs Sovereign Wealth Fund (SWF), yesterday announced its audited results for its 2020 financial year, reflecting a strong financial performance and consistent implementation of strategic infrastructure investment programmes for the year.
The results showed that despite the challenges posed by the COVID-19 pandemic in the year under review, the NSIA recorded 343 per cent growth in its total income, which rose to N160.06 billion in 2020, up from the N36.15 billion in the previous year.
Also, excluding devaluation gain of N51 billion, the NSIA made a core income of N109 billion compared to N33.07 billion in 2019. ....

United States , Ikot Abasi , Akwa Ibom , Abuja Federal Capital Territory , City Of , United Kingdom , Emmanuel Addeh , Uche Orji , Obinna Chima , Sani Abacha , Infrastructure Credit Guarantee Company Infracredit , Generations Fund , Family Homes Funds Ltd , Ministry Of Works , Nigeria Innovation Fund , Ministry Of Justice , Nigeria Solidarity Support Fund , Presidential Infrastructure Development Fund , Nigeria Infrastructure Fund , Presidential Task , Nigeria Sovereign Wealth Fund , Innovation Fund , United States Department Of Justice , Us Department Of Justice , Lagos Nigeria University Teaching Hospital , Ministry Of Finance Incorporated ,