Archives Tag: Sovereign Wealth Fund

BUSINESS ECONOMY News Stock Market

Sovereign Wealth Fund: Nigeria Invests in $200 Million US Bonds

April 19, 2022

Nigeria through its Sovereign Wealth Fund (SWF) has invested $200 million in the bond market of the United States. This, according to SWF, “Is the 20% stabilization fund set aside from the $1 billion wealth fund, to be used for foreign financial market investment.” Nigeria’s SWF is $1 billion and was derived from oil income, … Continue reading Sovereign Wealth Fund: Nigeria Invests in $200 Million US Bonds

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Philanthropy

Okonjo-Iweala, Elumelu Champion Strategic Philanthropy in Nigeria

April 19, 2022

To maximize the benefits of their generosity, wealthy Nigerians need to be more strategic in their giving, to create a bigger impact and leave a lasting legacy. This was the view of the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, at the inaugural Nigeria Philanthropy Summit which she co-hosted with … Continue reading Okonjo-Iweala, Elumelu Champion Strategic Philanthropy in Nigeria

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