Wed, Apr 16, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Profile/New Launches

Senate approves $1bln for sovereign wealth fund

Posted on 12 May 2011

The senate on Wednesday, passed the Nigeria Sovereign Investment Authority bill, with an approval that it be jump started with the Naira equivalence of $1 billion.
The start-up capital is to be contributed by the three tiers of government including the federal capital territory, each contributing a percentage of the initial fund equal to such government’s share of the federation revenue in accordance with the subsisting formula……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 13898 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930