SWI upgrades Nigeria on transparency index
The Sovereign Wealth Institute has upgraded the Nigeria Sovereign Investment Authority from four to nine points on its Linaburg-Maduell Transparency Index.
The transparency index was developed at the SWI by Carl Linaburg and Michael Maduell and is a method of rating transparency in respect to sovereign wealth funds, a statement by the NSIA said.
The authority, in a statement, explained that the SWI’s second quarter 2014 ratings had upgraded the authority to nine points out of a maximum of 10 available on the ranking. Continue Reading
