The Nigeria Sovereign Investment Authority (NSIA) has reported a significant financial milestone, with its net asset value rising to $3.4 billion and total income reaching ₦478.8 billion for the 2025 financial year.

According to the Managing Director/CEO, Aminu Umar-Sadiq, the latest figures represent 13 consecutive years of steady earnings and asset growth since the authority was established with $1 billion in seed capital and an additional $1.06 billion in contributions.

In naira terms, NSIA’s total assets increased by 10.9 percent year-on-year to ₦4.91 trillion, driven by ₦360.8 billion in capital injections and strong earnings performance. In dollar terms, assets grew by 19.8 percent from $2.8 billion in 2024 to $3.4 billion in 2025.

Umar-Sadiq noted that the authority delivered a record core total comprehensive income of ₦478.8 billion, reflecting a 17.4 percent increase compared to the previous year. Core operating income also rose to ₦525.3 billion, supported by improved performance across global investment portfolios and infrastructure-related revenues.

He attributed the growth to strategic asset allocation, efficient liquidity management, and a 35.8 percent increase in investment securities. Returns were also boosted by stronger performance across both developed and emerging markets.

Profitability indicators improved, with Return on Equity rising to 10.3 percent and Return on Assets increasing to 9.9 percent—demonstrating the strength and resilience of NSIA’s diversified investment portfolio.

Despite these gains, the authority recorded a net unrealised foreign exchange loss of ₦322.4 billion due to a 6.5 percent appreciation of the naira in 2025, compared to significant gains recorded in 2024 following currency devaluation.

Operational efficiency remained strong, with the cost-to-income ratio staying below 5 percent, although it rose slightly to 4.2 percent due to inflationary pressures and strategic investments in portfolio expansion.

Beyond financial performance, NSIA continued to drive economic impact through investments in key sectors including healthcare, agriculture, energy, and technology. Its oncology platform, Medserve, is expanding cancer care infrastructure, with a network of 11 diagnostic and treatment centres expected to be fully operational by the third quarter of 2026.

The authority also partnered with the Japan International Cooperation Agency to launch a $50 million innovation fund aimed at supporting Nigerian startups across sectors such as agriculture, healthcare, education, and energy.

Umar-Sadiq emphasized that NSIA’s consistent performance is anchored on five core strengths: quality earnings, strong execution capacity, robust risk management, enhanced data-driven operations, and a dedicated workforce.

He added that the institution is advancing a four-year digital transformation strategy, integrating data analytics and artificial intelligence to improve decision-making, risk monitoring, and operational efficiency.

Looking-glasses ahead, NSIA says it remains well-positioned to sustain growth, deepen its investments, and continue delivering long-term value while supporting Nigeria’s economic development and intergenerational wealth creation.