* UBA seeks to invest $2 bln in Africa power projects * Loan book growth up 14 pct in 6 months Nigeria’s United Bank for Africa (UBA) has invested $700 million this year financing power assets in Africa’s second biggest economy and is looking to put $2 billion into power […]
Tag: power
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 […]
Market Participation: SEC Board to tap into Power, Oil/Gas, Agric & Telecoms Reforms
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Nigeria’s Securities and Exchange Commission (SEC) has said it will tap into the ongoing reforms in the Power, Oil/Gas, Agriculture and Telecommunications Sectors of the Nigerian Economy in a bid to enlarge the Market and encourage participation. Suleyman Ndanusa, Chairman of SEC […]
