NSIA’s total assets increased to N1.02trn in 2022 — up by 10.5% in a year | TheCable
In its 2022 full-year audited results released on Thursday, the investment institution said the asset growth indicated a 10.5 percent increase from the N919.73 billion recorded in 2021.
The institution, however, noted its total comprehensive income stood at N96.96 billion in 2022, representing a decline of 34 percent compared to 147 billion in 2021.The institution said although its earnings are lower than that of 2021, it remained confident in its investment strategy and would continue to explore opportunities to mitigate risks and achieve its investment objectives.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DMO: Nigeria's public debt hit N46trn in Q4 2022 -- up by N6trn from 2021 | TheCableThe Debt Management Office (DMO) says Nigeria’s total public debt hit N46.25 trillion at the end of the fourth quarter (Q4) of 2022.
Read more »
NSIA announces audited financial results, grows net assets by 10.5% to N1.02trn | The Guardian Nigeria News - Nigeria and World News…Posts profits consecutively for 10 straight years with TCI of N96.96bn for 2022 The Nigeria Sovereign Investment Authority manager of Nigeria’s sovereign wealth fund, on Thursday, announces its audited results for the 2022 financial year. The financial performance underscores the resilience of the NSIA’s investment strategy, and the quality of its earnings given the challenging […]
Read more »
NSIA grows net assets by 10.5 per cent to N1.02tnManager of Nigeria’s sovereign wealth fund, the Nigeria Sovereign Investment Authority, grew its net assets by 10 per cent from ₦919.73bn in 2021 to ₦1.02tn in the 2022 financial year.
Read more »
Akwa Ibom, Yobe, Katsina top 2022 audit index reportAn executive summary of the report also revealed that only two out of 36 states had made progress toward implementing financial autonomy for the Audit Office.
Read more »
Transcorp Delivers Strong Performance as 2022 Full Year Revenue Rose by 21% to N135bn – THISDAYLIVE
Read more »
Nigeria’s public debt rose to N46.25trn in Q4 2022 - DMOThe figure reflects a 14.46 percent increase when compared to N39.56 trillion recorded on 31 December, 2021.
Read more »