Nigeria’s central state of Nasarawa has issued a 5 billion naira seven-year bond, under a 20 billion naira infrastructure finance programme, at 15 percent, the issuing houses said. Nasarawa state, which has a population of 2 million people, raised the funds to mature on January 6, 2021, the advisers said […]
Tag: Nigeria
Wonder Bank: SEC Seals-Off 32 State Offices of New Nation
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Wednesday announced it has sealed off 32 offices of New Nation a wonder bank. SEC in a Statement by Yakubu Olaleye, head of media and made available to InvestAdvocate in Lagos Nigeria said in an unprecedented clampdown, the commission […]
Investments in power sector hits $50bn
The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has said that the privatisation of Nigeria’s power sector has unlocked the investment opportunities in the sector, with pipeline investments estimated at $50bn currently. Aganga said for the first time in Nigeria’s 53-year history, the country successfully privatised the electric […]
