NSIA’s records N478.8bn in Total Comprehensive Income for 2025

…As net asset value hits $3.40bn

Orisemeke Benjamin

The Nigeria Sovereign Investment Authority (NSIA) has reported a Core Total Comprehensive Income (TCI) of ₦478.8 billion for the full year ended 2025 from ₦408.0 billion in 2024, representing a 17.4% year-on-year.  

The Authority also recorded a Core Operating Income of ₦525.3 billion ($349.1m) in 2025 from ₦498.0 billion in the preceding year.

Addressing journalists Thursday in Abuja, at the release of its 2025 financial statement, NSIA Managing Director, Aminu Umar-Sadiq said the increase reflects NSIA’s sustained growth earning despite challenging domestic and global macroeconomic conditions.

“This growth was primarily driven by a 138% increase in the performance of externally managed investment portfolios, supported by improved performance across both developed and emerging markets. Additionally, interest income from financial assets increased by 10%, reflecting higher yields and increased volumes, despite market rate cuts,” he said.  

He said the Authority’s net asset value has grown to $3.40 billion from an initial $1 billion seed capital, representing a 10.7% Compound Annual Growth Rate.

According to the Managing Director, since inception, NSIA has delivered consistent growth, achieving 13 consecutive years of earnings expansion and asset accumulation.

He said: From an initial $1 billion seed capital, augmented by additional contributions of $1.06 billion (totaling $2.06 billion contribution), NSIA’s Net Asset Value has grown to $3.40 billion, representing a 10.7% Compound Annual Growth Rate.

“This track record underscores NSIA’s strong financial stewardship and long-term value creation, underpinned by disciplined asset allocation, diversified investments, and strong risk management that ensure resilience across multiple economic cycles.”

While noting that the Group’s net assets value in USD increased by 19.8%, from $2.8 billion in 2024 to $3.4 billion in 2025, the NSIA’s helmsman, said the Group delivered a marked improvement in profitability in 2025, with Return on Equity (USD) rising to 10.5%, up from 7.2% in 2024, just as Return on Assets (USD) increased to 9.9%, compared with 7.1% in 2024.

“This improvement reflects the resilience and effectiveness of NSIA’s diversified, global investment portfolio, which continued to generate stable earnings and drive sustainable long-term value despite a dynamic macroeconomic environment,” he explained.

Umar-Sadiq stated that in 2025, the Group continued to advance its dual mandate of delivering sustainable financial returns while driving tangible economic impact through investments in critical sectors of the Nigerian economy.

According to him, the Authority played catalytic roles in mobilising capital, strengthening infrastructure, and supporting innovation across healthcare, energy, technology, agriculture, and capital markets.

Highlighting some of its impact across various sectors of the economy to include: NSIA–JICA Impact Innovation Fund; NSIA Prize for Innovation (NPI); Nigeria’s digital infrastructure through Kasi Cloud; Increased Access to Advanced Healthcare throughMedserve expansion; National Oncology Initiative amongst several others, the NSIA boss added that it was accelerating renewable energy and power infrastructure; strengthening financial market infrastructure;  strengthening the agricultural ecosystem; and expanding access to affordable housing.

He stated that the 2025 financial results reaffirm its strong track record in delivering financial returns, strategic national impact, and intergenerational wealth creation even as it focuses on sustainable income as well driving national Impact by leveraging global partnerships and mobilising domestic capital,

“Looking ahead, NSIA is well-positioned to continue growing core revenue streams, while maintaining balance sheet resilience, and deploying capital efficiently. Its strategic emphasis on portfolio diversification, risk-adjusted returns, and catalytic investments will continue to drive transformative, economy-wide impact across the Stabilisation, Infrastructure, and Future Generations mandates,” he added.