Managing director and chief executive officer, NSIA, Aminu Umar-Sadiq, said the strong performance recorded despite the challenges in the operating environment, underscores the robustness of the agency’s diversified portfolio, and the excellent commitment of the teamLooking to the future, he said, the NSIA is resolute in its commitment to delivering increased investments in critical sectors of the economy, driving growth across its funds, and attracting third-party capital into Nigeria’s...
He said, “Against market expectations and internal forecast, NSIA closed the 2022 financial year with a respectable performance. This result underscores the robustness of our diversified portfolio, and the excellent commitment of the team…” Like other emerging and frontier markets, the Nigerian economy faced multi-dimensional challenges during the year. From surging inflation primarily driven by food prices to declining oil output and weakening currency, the prospect for growth diminished as the year wound down.
NSIA’s a well-diversified portfolio continues to provide the resilience to withstand market challenges as evidenced by the results.