Nigeria SWF profits surge 106 percent to N46bn in 2018

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

The  investment institution of the Federation set up to manage Nigeria’s sovereign wealth fund, has reported a 106 percent increase in its profit for 2018 full year. The growth in profit from N22.56 billion in 2017 to N46.5 billion in 2018 was largely driven by significant improvements in its other income and net forex gains….

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