June 29, 2021/UBA Plc/RED Radio The United bank for Africa (UBA) is leading again through innovation as it launches a podcast, RED Radio, which is available 24/7. The dynamic and creative online radio channel, RED Radio now provides round the clock informative and entertaining content, bringing out the best of […]
Updates
Emerging economies return to 4.2 pc growth in 2021
June 29, 2021/EBRD By Axel Reiserer EBRD lifts forecast for 2021 to 4.2 per cent, up from 3.6 per cent in October forecast Industrial production and retail sales largely recovered after easing of Covid-19 restrictions Stimulus packages raised public debt by 11 percentage points of GDP on average With growth […]
Payment Assurance Guarantee cushions liquidity shortage in the NESI in 2020
June 29, 2021/United Capital Since Nigeria’s Electricity Supply Industry (NESI) privatisation in 2013, a liquidity crisis has plagued the industry leading the government to run subsidy programs continually. In Mar-2017, the Presidency approved a N701.0bn Payment Assurance Guarantee (PAG) to augment the Nigerian Electricity System Industry (NESI) market proceeds and […]
