Nigeria’s sovereign wealth fund, managed by the Nigeria Sovereign Investment Authority (NSIA), currently holds assets valued at approximately N4.42 trillion ($2.95 billion). In 2024, the federation boosted the fund with an additional N247 billion contribution.
According to NSIA’s 2024 annual
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.