(EnergyAsia, September 9 2010, Thursday) — Banking on the country’s large oil reserves, the Nigerian government has announced plans to launch its first sovereign wealth fund (SWF) as well as issue US$500 million worth of global bonds next month. The US$1 billion fund will be used to help kickstart or finance the construction of critical…
NIGERIA: Finance Minister announced launch of US$1b sovereign wealth fund, sale of global bonds
Posted on September 8, 2010 by EnergyAsia