| The Nigeria Sovereign Investment Authority has said all funds and assets managed by it are intact and fully accounted for as detailed in its audited financial statement for the year ended 2014. The organisation, which manages the country’s Sovereign Wealth Fund, said in a statement on Sunday that funds in its custody had been invested profitably, realising a net comprehensive income of N15.8bn in the year ended December 31, 2014, compared with N505m recorded in the 15 months ended December 31, 2013.
In addition to the audited annual reports of 2013 and 2014, the NSIA stated that it had also made available its quarterly audited accounts until March 2015 on its website, adding that the accounts were being audited quarterly and annually by PricewaterhouseCoopers, an international firm of auditors, using the International Financial Reporting Standard..............................................Full Article: Source
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