By Mariam Abeeb
Nigeria Sovereign Investment Authority (NSIA) has revealed that its net asset value has grown to $3.40 billion, in 2025 representing a 10.7% Compound Annual Growth Rate.
This was disclosed in its 2025 Group Financial Performance Overview in Abuja.
Recalling the history of NSIA with an initial take-off seed capital of $1 billion augmented by additional contributions of $1.06 billion (totalling $2.06 billion contribution).
The report showed Core Operating Income of ₦525.3 billion and Core Total Comprehensive Income (TCI) of ₦478.8 billion for the full year ended 2025.
Presenting 2025 Finance and Accounts in Abuja, NSIA Managing Director/ CEO, Mr Aminu Umar Sadiq, attributed consistent performance to the adaptation of strong risk management.
He noted that in thirteen years of its operations, NSIA has been consistent with posting profits every year on its three investment arms – stabilisation fund, infra fund and future generations fund.
” This track record underscores NSIA’s strong financial stewardship and long-term value creation, underpinned by disciplined asset allocation, diversified investments, and strong risk management that ensure resilience across multiple economic cycles”
In 2025 operations, NSIA’s total assets grew by 10.9% year-on-year, closing at ₦4.91 trillion ($3.42 billion). The growth was underpinned by a total of ₦360.8 billion in capital contribution during the year and ₦478.8 billion in core earnings.
“This growth was driven by dynamic asset allocation, efficient liquidity deployment, a 35.8% increase in investment securities, and improved returns across multiple asset classes. Together, these factors contributed to strengthening the balance sheet”.
The Group’s net asset value in USD increased by 19.8%, from $2.8 billion in 2024 to $3.4 billion in 2025. The growth was supported by a cumulative $241.2 million in capital injections during the year, combined with $320.2 million in net earnings from performance across core revenue streams.
Shedding light on NSIA performance, Sadiq said: “Core operating income rose from ₦498.0 billion ($328.5 million) in the prior year to ₦525.3 billion ($349.1 million) in 2025, reflecting the Authority’s deliberate efforts to actively deploy capital across diverse asset classes.
This growth was primarily driven by a 138% increase in the performance of externally managed investment portfolios, supported by improved performance across both developed and emerging markets. Additionally, interest income from financial assets increased by 10%, reflecting higher yields and increased volumes, despite market rate cuts”.
‘Other components of core operating income include Infrastructure revenues from Agriculture and Healthcare businesses. As part of its planned exit from the Presidential Fertiliser Initiative (PFI) and in line with the market-driven Phase II model of PFI, NSIA successfully completed the phased transfer of operatorship to the Ministry of Finance Incorporated (MoFI) between 2024 and 2025.
This transition impacted agriculture infrastructure revenues but aligns with NSIA’s strategic goal of promoting long-term sustainability and deepening private sector participation across the fertiliser value chain”, he said.
L
On Catalysing Innovation and Entrepreneurship,
NSIA–JICA Impact Innovation Fund: NSIA, working with the Japan International Cooperation Agency (JICA) launched a US$50 million innovation fund to support high-impact Nigerian startups.
Its also added that backed by US$20 million from NSIA and a US$14 million grant from the Government of Japan, with an additional US$16 million expected from development finance institutions, the fund will provide flexible financing to startups in sectors such as agriculture, healthcare, education, energy, and water management.
In partnership with the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) and Cascador, NSIA held the third edition of the programme (NPI 3.0). Supported by a US$5.9 million commitment over five years (starting in 2023), the initiative aims to identify, support, and scale innovative technology solutions developed by Nigerian entrepreneurs.
NSIA in advancing Nigeria’s digital infrastructure through Kasi Cloud, an indigenous hyperscale data centre platform expected to reach approximately 32MW capacity at completion.
