Tag: Nigeria

IFC to finance 1,500mw of electricity in Nigeria

The International Finance Corporation, a member of the World Bank Group, on Friday announced a plan to support investments that would add 1,500 megawatts of power generation capacity to the Nigerian national grid and provide electricity for up to eight million households over the next 18 months. IFC, in a […]

CBN Earmarks 60% of N220 billion SME Fund To Women

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Friday announced the allocation of 60 percent (60%) N132.00 Billion of N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to women in Nigeria. This is contained in the released guidelines for the operation of MSMEDF for Nigeria […]

191 Investors Sought Nigeria’s $1.0 billion Eurobond-DMO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Debt Management Office (DMO) Friday said about 191 investors sought the nation’s just concluded $1.0 billion Eurobond offer. Abraham Nwankwo, Director General (DG) of the Nigeria’s DMO revealed this in his presentation at a retreat for financial journalists with the theme “Opportunities for the […]