NSIA meaning in Business ?

Answer:

What is Nigeria Sovereign Investment Authority mean?

The Nigeria Sovereign Investment Authority is a Nigerian establishment which manages the Nigeria sovereign wealth fund, into which the surplus income produced from Nigeria's excess oil reserves is deposited. This sovereign wealth fund was founded for the purpose of managing and investing these funds on behalf of the government of Nigeria. The fund was established by the Nigeria Sovereign Investment Authority Act, signed in May 2011, and commenced operations in October 2012 . It is intended to invest the savings gained on the difference between the budgeted and actual market prices for oil to earn returns that would benefit future generations of Nigerians. The fund was allocated an initial US$1 billion in seed capital, and, an additional $0.5billion has been contributed to date by the current administration.

reference

Full Form	Category
National Security Industrial Association	Academic & Science
North Shore International Academy	Academic & Science
North Shore International Academy North Shore International Academy	Academic & Science
Nigeria Sovereign Investment Authority	Business
National Security and Intelligence Agency	Business
Nebraska Society of Independent Accountants	Business
Nebraska State Irrigation Association	Community
Nevada Self Insurers Association	Community
Nebraska Self Insurers Association	Community
North Seattle Industrial Association	Community
Network Security and Information Assurance	Computing
North Shore Ice Arena	General
Noxious Stimulus Induced Analgesia	General
Noxious Stimulus Induced Antinociception	General
Nigerian Sovereign Investment Authority	Governmental
National Statistic and Information Authority	Governmental
National Sport Inclusion Alliance	Governmental
Nova Scotia Institute of Agrologists	Governmental
National Society Investment Alliance	Governmental
National Security and International Affairs	International
National Security Internet Archive	Internet
Northwest Sportfishing Industry Association	Sports
National Study of Intercollegiate Athletics	Sports