28.02.2014 - Sovereign wealth fund to Invest $10 mln in NMRC
Sovereign Wealth Fund will invest $10 million in the Nigerian Mortgage Refinancing Company (NMRC) to improve its market position. As per Mr. Uche Orji, Chief Executive of Nigeria Sovereign Investment Authority, the current investment in NMRC has been planned as a core equity investor by SWF. The Nigerian government provided additional funding of $550 million to SWF two weeks back. The current portfolio of Sovereign Wealth Fund is worth $1.55 billion...............................................Full Article: Source
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