Cannot access the /NVIDIA folder in local Nucleus

Once I connect to localhost NUCLEUS, I get the following warning/error

[Warning] [omni.kit.widget.filebrowser.model] Error populating ‘omniverse://localhost/NVIDIA’: Error listing directory ‘omniverse://localhost/NVIDIA’: Result.ERROR

And I guess due to this I am not able to load Hello_World example which gives me the following error:

[Error] [asyncio] RuntimeError: Could not find assets root folder