Nigeria's Sovereign Wealth Fund Asset Rises to N213 Billion

Total assets of Nigeria's sovereign wealth fund grew to N213.67 billion ($1.07 billion) in 2015, up by 20 per cent compared with the previous year, its managing director said on Friday.

The Nigeria Sovereign Investment Authority (NSIA) was established in 2011 with $1 billion of seed capital in an effort to manage oil export revenues.

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