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NSIA posts strong N478bn income amid economic challenges

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NSIA Financial Performance 2025 shows N478bn income, asset growth to N4.91tn and expanded investments in healthcare, energy and infrastructure

The Nigeria Sovereign Investment Authority (NSIA) has reported a robust financial performance for the 2025 fiscal year, posting a Core Total Comprehensive Income of N478.8 billion, despite operating in a challenging global and domestic economic environment.

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Also read: 13 Sex Workers Arrested in Koforidua, Ghana for Trafficking and Prostitution

The Authority also recorded a Core Operating Income of N525.3 billion, reflecting sustained earnings growth driven by its diversified investment portfolio and disciplined financial strategy.

The NSIA Financial Performance 2025 report, presented in Abuja by Managing Director Aminu Umar-Sadiq, highlighted significant growth in key financial indicators.

Total assets rose by 10.9 per cent year-on-year to N4.91 trillion, while net asset value increased to N4.88 trillion. In dollar terms, net assets climbed by 19.8 per cent to $3.4 billion.

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Umar-Sadiq attributed the performance to prudent asset allocation, effective risk management and a long-term investment approach.

He noted that profitability ratios also improved, with Return on Equity rising to 10.5 per cent from 7.2 per cent in the previous year, while Return on Assets increased to 9.9 per cent from 7.1 per cent.

Despite recording a net unrealised foreign exchange loss of N322.4 billion due to naira appreciation, the Authority maintained strong underlying performance.

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Core income excluding foreign exchange volatility grew by 17.4 per cent, marking its highest level since inception.

Over the past 13 years, NSIA has expanded its net asset value from an initial $1 billion seed capital to $3.4 billion, representing a compound annual growth rate of 10.7 per cent.

This growth trajectory, according to the Authority, reflects consistent investment discipline and value creation over time.

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Beyond financial returns, the Authority continued to expand its impact across critical sectors of the Nigerian economy, including healthcare, energy, agriculture, housing and technology.

In healthcare, NSIA advanced its oncology platform, MedServe, consolidating diagnostic and treatment facilities while expanding plans to scale operations nationwide.

Eight additional centres are expected to become operational by the third quarter of 2026, improving access to cancer care and early detection services.

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The Authority also secured $24.3 million in concessional financing from development partners to strengthen cancer and cardiac care infrastructure, reinforcing its commitment to improving healthcare delivery.

In the energy sector, NSIA continued investments through its renewable energy platform, RIPLE, supporting distributed energy solutions and cleaner power initiatives.

These include the deployment of a clean energy plant at a cancer treatment facility to reduce reliance on diesel and lower emissions.

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It is also progressing a 400MW solar module assembly plant in Ogun State, aimed at boosting local manufacturing capacity and supporting Nigeria’s energy transition.

Additionally, the Authority is backing a 30MW embedded power project in Victoria Island, Lagos, to enhance electricity supply for commercial users.

To support innovation, NSIA partnered with the Japan International Cooperation Agency to launch a $50 million impact fund targeting startups in healthcare, agriculture, education and energy.

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The initiative is designed to stimulate entrepreneurship and unlock new growth opportunities.

The Authority also committed N25 billion to the National Credit Guarantee Company to improve access to finance for small and medium enterprises, while advancing agricultural logistics systems to reduce post-harvest losses.

In housing, NSIA continues to support affordable housing developments in Abuja and Kano as part of broader efforts to address Nigeria’s infrastructure gap.

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Despite increased investment activity, the Authority maintained cost efficiency, with its cost-to-income ratio remaining low at 4.2 per cent, reinforcing its operational discipline.

Also read: Nigeria Launches $50M Impact Innovation Fund

The 2025 results underscore NSIA’s dual mandate of generating sustainable financial returns while delivering measurable economic impact, positioning the institution as a key driver of long-term national development.

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NDIC Begins Final Closure of 89 Failed Microfinance Banks Nationwide

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NDIC winding down failed microfinance banks as it begins final phase of closing 89 defunct MFBs and PMBs across Nigeria

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