NSIA Reports ₦478bn Earnings, Expands Health Investments

The Nigeria Sovereign Investment Authority (NSIA) announced a core operating income of ₦478.8 billion for the financial year, highlighting its resilience and expansion across key sectors of the economy. Mr. Aminu Umar Sadiq, the Managing Director, disclosed that total assets increased to ₦4.91 trillion, with net asset value reaching $4.88 trillion.

The net asset climbed to $3.4 billion, indicating strong portfolio performance and disciplined investment strategies. Despite recording an unrealized foreign exchange loss of ₦322.4 billion due to naira appreciation, the core income, excluding foreign exchange effects, grew by 17.4%, marking the highest growth in the sector.

NSIA is deepening its investments in healthcare, launching an oncology platform with eight new centers expected by Q3 2026, and advancing renewable energy initiatives, including a 400MW solar module assembly project in Ogun State and a 30MW embedded power project in Lagos. Additionally, NSIA partnered with the Japan International Cooperation Agency to establish a $50 million impact fund targeting startups.