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The Journal

The Journal

The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview

Trending News
  • Home
  • News & Issues
    • News
    • Art and EntertainmentHighlighting outstanding careers in the Arts and Entertainment industry in Nigeria.
    • Food and AgricultureHighlighting outstanding careers in the Food and Agricultural Sector in Nigeria.
    • Health, Science and TechHighlighting outstanding careers in the Health sector in Nigeria.
    • Education
    • GovernanceHighlighting outstanding careers in Governing Offices in Nigeria.
    • Politics
    • Business
    • Economy
    • International AffairsDescription for Category, better for SEO purpose
    • Features
    • SportsHighlighting outstanding careers in the field of Sports in Nigeria.
  • People
    • Biography
    • Profiles and eBooksFeatured posts
    • In Memoriam
    • HERstory
  • Brands, Culture and Lifestyle
  • Contact us

 

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sovereign wealth fund

NSIA Profit Plummets 91% as Currency Windfalls Evaporate
  • Economy

NSIA Profit Plummets 91% as Currency Windfalls Evaporate

Ayomide Kuku5 months ago5 months ago02 mins

The Nigeria Sovereign Investment Authority (NSIA) has reported a bruising 91% drop in annual profit, as the era of easy gains from naira devaluation came to an abrupt halt. Net income for the 2025 financial year fell to $107.03m, a staggering descent from the $1.24bn recorded in 2024. The state-owned fund, which manages Nigeria’s oil…

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