Showing posts with label Linaburg-Maduell transparency index. Show all posts
Showing posts with label Linaburg-Maduell transparency index. Show all posts

Thursday, 17 July 2014

Nigeria moves to 2nd position on sovereign wealth ratings

Nigeria has moved to the second position on the rating of sovereign wealth funds in the world.
This follows the improved rating of the Nigeria Sovereign Investment Authority (NSIA) as a sovereign wealth fund by the Linaburg-Maduell transparency index administered by the Sovereign Wealth Institute.
In the official statement announcing the second quarter 2014 ratings, the Institute singled out the NSIA for special mention stating that the Nigerian Sovereign Investment Authority (NSIA) has been upgraded to nine points out of a possible 10 from a score of 4 in the previous rankings.
This rating translates into a