Nigeria’s sovereign wealth manager, the Nigeria Sovereign Investment Authority (NSIA), has crossed the $3 billion net asset mark, reaching $3.10 billion by June 2025, up from $1 billion at inception in 2011.
The growth represents a 9.9 per cent compound annual growth rate, supported by government contributions and retained earnings. In the first half of 2025, core comprehensive income increased by six per cent year-over-year to ₦202.1 billion, despite a challenging macroeconomic environment.
NSIA has evolved beyond portfolio investing into a systems builder, deploying capital across healthcare, energy, agriculture, housing and financial markets. In 2025, it earned a 100% score on the Global SWF Governance Index and a 9/10 Transparency rating, underscoring strong governance.
Key initiatives include a $28 million Impact Innovation Fund with JICA, new oncology centres in Benin, Enugu and Katsina, expansion of renewable energy through the RIPLE platform, continued support for the Presidential Fertiliser Initiative, and progress on affordable housing projects.
NSIA also strengthened financial markets by participating in the ₦100 billion capitalisation of the National Credit Guarantee Company, reinforcing its role in long-term economic development.
