INTERVIEW-Nigeria to launch wealth fund by end of year-finmin

Mon Jul 30, 2012 6:59pm GMT
 

LONDON, July 30 (Reuters) - Nigeria will announce in August the management team for its sovereign wealth fund (SWF) which it expects to launch by the end of this year, the finance minister told Reuters on Monday.

The government of Africa's biggest crude oil producer expects to issue a second Eurobond of at least $600 million next year which could be open to members of its diaspora, Ngozi Okonjo-Iweala said at the sidelines of a conference in London. (Reporting by Tosin Sulaiman; Writing by Joe Brock; editing by Ron Askew)

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