07.09.2015 - Sovereign Wealth Fund’s Comprehensive Income Rises By 90% To N29bn In Q1
Sovereign Investment Authority (NSIA) which manages the nation’s Sovereign Wealth Fund (SWF), has recorded the first quarter 2015 results over 80 percent increase in NSIA’s comprehensive income to N28.7 billion with total assets increasing further to N206.2bn. NSIA, jointly owned by all the three tiers of government, said at the weekend that its comprehensive income for the financial year ended December 2014 rose to N15.8 billion from N525 million while operating income rose to N3.9 billion from N1.5 billion. Similarly, the total assets rose to N177.8 billion from N157 billion...............................................Full Article: Source
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