Nigeria accounts for one-fifth of global sovereign fund

Nigeria ’s contribution to the $16 trillion global Sovereign Wealth Funds (SWF) now stands at $3.57 billion (N4.907 trillion). Nigeria’s position obtained from Nigeria Sovereign Investment Authority (NSIA’s) website is based on December 2025 performance. The Authority was allocated an initial sum of $1 billion in seed capital in 2013. The NSIA, an investment institution of the Federation, was set up to manage funds in excess of budgeted crude oil revenues. In a new report: “Sovereign Wealth Funds Need Legal Clarity as Their Scale and Mandates Expand”, the IMF said sovereign wealth funds have become some of the most powerful players in global finance. “They now manage more than $16 trillion in total assets, up from about $3 trillion in 2008. Their ability to act nimbly, diversify public wealth, and invest for the long-term have important and lasting benefits for citizens today and future generations,” it said.