FG To Commit $3bn In Power Sector In 24 Months       The Federal Government disclosed a plan to commit $3 billion to the power sector in the next two years. The spending is expected to raise the current 4,900 megawatts (MWs) to at least 7,000MWs. This was disclosed...

In Seven Years, Nigeria Lost $3bn To Gold Smuggling – Buhari     President Muhammadu Buhari, on Thursday said improved gold mining operations in the country would generate 250,000 jobs and over $500m annually in royalties and taxes to the Federal Government. He also said the country lost...

With More Transparency, Nigeria Recovers $3bn from Oil Sector - W/Bank     The World Bank and the Extractive Industries Transparency Initiative (EITI), the global standard for the promotion of openness in the oil, gas and mineral resources management, have said Nigeria has so far recovered about...

Nigeria-US Export Drop By 28% To $3bn In 2019     Nigeria’s export to the United States under the African Growth and Opportunity Act policy (AGOA) in 2019 recorded $3.13bn. According to the latest AGOA trade statistics, export to the US under the policy fell by 28 per...

AfDB Lists $3bn Social Bond On LSE     The African Development Bank’s (AfDB) “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, has been listed on London Stock Exchange (LSE) and is now available through its sustainable bond...

AfDB Unveils $3bn COVID-19 Bond   The African Development Bank (AfDB) has raised $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered...