AfDB Gets $20m Investment For Energy Inclusion
African Development Bank says it has received $20m investment from the Clean Technology Fund for the Facility for Energy Inclusion.
The bank, in a statement on Wednesday, said the Facility for Energy Inclusion was sponsored by the AfDB to...
FG Seeks New Investment In N145bn Bonds
The Debt Management Office has said the Federal Government will auction N145bn worth of bonds by subscription on August 21.
The DMO said in a circular on Wednesday that it was authorised to receive applications on behalf of the...
Host Communities Demand Payment Of N98bn Gas Flare Penalty Fund
Members of the Host Communities of Nigeria Producing Oil and Gas (HOSCON) have declared as unacceptable the federal government’s continuous withholding of the N98 billion gas flare penalty money owed oil producing communities.
Economic Confidential learnt...
We Haven’t Spent World Bank’s $1.66bn - TCN
The Transmission Company of Nigeria says the $1.66bn it secured from the World Bank and other multilateral financing agencies has not been invested contrary to claims being made in some quarters.
The government-owned transmission company said the financing...
Total Pension Assets Grow To N9.32trn
The total assets under the Contributory Pension Scheme rose to N9.32tn as of the end of June 2019.
The funds, which had continued to record a steady rise, hit N8.33tn as of the end of August 2018.
Figures obtained from the...
Nigeria Generates N5.2bn From Limestone Licensing
The Federal Ministry of Mines and Steel Development has said that the country generated N5.2bn from limestone licensing and processing fees.
A director in the ministry, Mr Ime Ekripo, said this while presenting a paper titled, ‘Giving Effect to Executive...
