Independent Auditor
Press Release

Trilateral Agreement on the Sharing, Transfer, Repatriation, Disposition and Management of Certain Forfeited Assets

On the 3rd of February 2020, the Federal Government of Nigeria (“FGN”), The Bailiwick of Jersey and the Government of the United States of America entered into an agreement regarding the sharing, transfer, repatriation, disposition and management of certain forfeited assets (the “Recovered Assets Agreement”).
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Press Release

Redemption of NBET Fund

Today, the Management of the Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) announces the payment of the gross sum ofUS$417.46 million to the Nigeria Bulk Energy Trading Company Plc (“NBET”) following the expiration of the 4 years investment term.
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