Nigeria: Govt Names 4 Asset Managers For $37bn Infrastructure Fund

The federal government has named four asset managers to manage the $37 billion investment development fund in some sectors of the economy.

The $37 billion is a pool of funds by a private sector-led infrastructure company of Nigeria, named Infra-Co, with an initial seed capital of N1trillion, expected to grow to N15 trillion in assets and capital over time.

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