Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors April 8, 2024/AFC Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with […]
Updates
United Capital Weekly Pan African Monitor Friday 05-Apr-2024
April 5, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria Tinubu approves FCT’s N1.1trn 2024 statutory budget The president has approved over N1.1trn statutory budget for the 2024 fiscal year for the FCT. The budget will impact on infrastructure development, healthcare facilities, as well as rehabilitation of schools in the FCT, […]
NERC Approves 300% Tariff Increase for Band A, Nigerian Electricity Consumers
April 4, 2024/NERC Nigeria Culled: Proshare The Nigerian Electricity Regulatory Commission has approved a 300% increase in the electricity tariff for Band A consumers to ensure sustainable energy distribution. Accordingly, power distribution companies, DisCos, will be allowed to raise electricity prices for urban consumers to N225 ($0.15) per kilowatt-hour from […]
