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Day: November 14, 2024

InfraCredit Secures $30m Co-financing Facility from BII to Support Renewable Energy Projects in Nigeria
Business

InfraCredit Secures $30m Co-financing Facility from BII to Support Renewable Energy Projects in Nigeria

InfraCredit has secured a $30 million investment from British International Investment (BII), the UK’s development finance institution, to support Nigeria’s…

byEkeminiNovember 14, 2024November 14, 2024
Renewed Interest in UBA, Zenith Bank, 28 Others Lift Stock Market
BankingBusinessMarket

Renewed Interest in UBA, Zenith Bank, 28 Others Lift Stock Market

The Nigerian Exchange Limited (NGX) closed positively on the previous trading day, recording a 0.16% gain, driven by renewed investor…

byEkeminiNovember 14, 2024November 14, 2024
EFCC, NAICOM partner to boost insurance sector
Businessinsurance

EFCC, NAICOM partner to boost insurance sector

The Economic and Financial Crimes Commission (EFCC), led by Chairman Mr. Ola Olukoyede, has pledged to enhance its efforts in…

byEkeminiNovember 14, 2024November 14, 2024
Federal Government working on industrial relations policy
BusinessLocal

Federal Government working on industrial relations policy

The Federal Government, through the Minister of Labour and Employment, Muhammadu Dingyadi, is developing a national policy on industrial relations…

byEkeminiNovember 14, 2024November 14, 2024
Minister pledges support for indigenous tech firms
BusinessTechnology

Minister pledges support for indigenous tech firms

The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has pledged government support for indigenous technology companies to help…

byEkeminiNovember 14, 2024November 14, 2024
Nigeria’s Power Sector Set to Seek $10 Billion in Private Investment for 24-Hour Electricity Supply
Businessinvestment

Nigeria’s Power Sector Set to Seek $10 Billion in Private Investment for 24-Hour Electricity Supply

The Nigerian government aims to bridge a $10 billion investment gap in the power sector through Public-Private Partnerships (PPP) over…

byEkeminiNovember 14, 2024November 14, 2024
Lagos Johannesburg Cairo Set to Lead Africa’s Economic Growth by 2035
Business

Lagos Johannesburg Cairo Set to Lead Africa’s Economic Growth by 2035

A recent report from Economist Intelligence predicts that Lagos Johannesburg and Cairo will emerge as the top economic cities in…

byEkeminiNovember 14, 2024November 14, 2024
Nigeria’s Domestic Debt Hits N66.96 Trillion Amid Inflation and Budget Deficits
Business

Nigeria’s Domestic Debt Hits N66.96 Trillion Amid Inflation and Budget Deficits

Nigeria’s domestic debt stock has surged to N66.957 trillion as of mid-2024, marking an 8.74% increase from the previous quarter.…

byEkeminiNovember 14, 2024November 14, 2024
NCDMB Seeks Industry Support to Boost Nigeria’s Crude Oil Output and Energy Security
Businessinvestment

NCDMB Seeks Industry Support to Boost Nigeria’s Crude Oil Output and Energy Security

The Nigerian Content Development and Monitoring Board (NCDMB) has called for robust support from industry stakeholders to attract foreign direct…

byEkeminiNovember 14, 2024November 14, 2024
MAN Urges Full Support for Dangote Refinery to Drive Nigeria’s Economic Growth
Business

MAN Urges Full Support for Dangote Refinery to Drive Nigeria’s Economic Growth

The Manufacturers Association of Nigeria (MAN) has called on the Nigerian government and citizens to support the Dangote Refinery, emphasizing…

byEkeminiNovember 14, 2024November 14, 2024
Nigerian Stock Market Rebounds with N96bn Gain, Driven by Key Sector Advances
BusinessMarketStock

Nigerian Stock Market Rebounds with N96bn Gain, Driven by Key Sector Advances

The Nigerian Exchange Limited experienced a positive shift on Wednesday as investors gained N96 billion, offsetting a previous loss of…

byEkeminiNovember 14, 2024November 14, 2024
British International Investment Provides $30M to Boost Renewable Energy in Nigeria
Businessforeigninvestment

British International Investment Provides $30M to Boost Renewable Energy in Nigeria

InfraCredit has received a $30 million risk-sharing and blended local currency facility from British International Investment (BII) to support renewable…

byEkeminiNovember 14, 2024November 14, 2024

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