By Okeoghene Akubuike
The Nigeria Sovereign Investment Authority (NSIA) says it recorded a core operating income of N525.3 billion for the 2025 financial year, up from N498.0 billion posted in 2024.
Aminu Umar-Sadiq, Managing Director and Chief Executive Officer of NSIA, disclosed this while presenting its 2025 Earnings at a Media Engagement on Thursday in Abuja.
Umar-Sadiq said the authority also reported a core total comprehensive income (TCI) of N478.8 billion in 2025, compared to N408.0 billion in 2024.
He said that the TCI performance measure excluded the impact of foreign exchange volatility to provide a clearer view of the group’s underlying performance.
“The TCI represents the net earnings generated during the year from the group’s core business activities.
“The result reflects strong performance across core operations and represents the highest core TCI recorded since inception, both in naira and dollar terms.”
The NSIA boss said total assets grew by 10.9 per cent year-on-year to close at N4.91 trillion (3.42 billion dollars) in 2025.
He said that the group’s net asset value in dollars rose by 19.8 per cent, from 2.8 billion dollars in 2024 to 3.4 billion dollars in 2025.
Umar-Sadiq said the authority recorded the performance in spite of the volatile domestic and global economic environment, as well as heightened geopolitical tensions.
He attributed the achievement to a dedicated team working across five strategic pillars.
Umar-Sadiq said the first pillar focused on strong investment performance driven by a diversified global portfolio, which delivered consistent returns across multiple asset classes, supported by disciplined strategies and robust risk management.
“The second pillar is improved earnings quality. Core revenue streams remained resilient and stable, reducing reliance on volatile or one-off gains.
“The third pillar centred on robust capital growth, with total assets and net asset value increasing through capital injections and retained earnings, thereby strengthening long-term financial strength.
“The fourth pillar emphasised sustainable income, with a focus on predictable and stable revenue sources to ensure prudent, long-term value creation over short-term windfalls,” Umar-Sadiq said.
He said that the fifth pillar involved driving national impact through infrastructure development, innovation-led growth and expanded investment opportunities across the country, supported by global partnerships and domestic capital mobilisation.
“Looking ahead, NSIA is well-positioned to grow its core revenue streams, maintain balance sheet resilience and deploy capital efficiently” he said.
He said the authority’s strategic focus on portfolio diversification, risk-adjusted returns and catalytic investments would continue to drive broad-based economic impact across its stabilisation, infrastructure and future generations mandates.
Umar-Sadiq said NSIA had delivered consistent growth since inception, recording 13 consecutive years of earnings expansion and asset accumulation.
He said it started with an initial seed capital of one billion dollars, supplemented by additional contributions of 1.06 billion dollars, bringing total contributions to 2.06 billion dollars.
According to him, the authority’s net asset value had grown to 3.40 billion dollars.
According to him, this represents a compound annual growth rate of 10.7 per cent .
“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.”(NAN)(www.nannews.ng)
Edited by Kadiri Abdulrahman
