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NSIA

NSIA unveils 0m solar energy fund to power Kano industry

NSIA unveils $500m solar energy fund to power Kano industry

Yusuf Issa An-Nuphawi04 mins

Barbara Bako, Abuja. The Nigeria Sovereign Investment Authority (NSIA) has unveiled a $500m Renewables Investment Platform for Limitless Energy (RIPLE). This transformative initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. According to a statement from the NSIA, RIPLE is another of it’s milestone initiative in…

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NSIA defies headwinds, grows assets to N1.02trn in 2022

NSIA defies headwinds, grows assets to N1.02trn in 2022

Yusuf Issa An-Nuphawi06 mins

Amid global economic instability and low investment yields that culminated 2022 financial year, the Nigeria Sovereign Investment Authority, NSIA, said its total assets grew to N1.02trn in 2022. The country’s sovereign wealth fund managed noted that its new assets value represents a 10.5 percent growth from the N919.73bn recorded in 2021. This was contained in a…

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