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DMO Lists $4bn Eurobond On FMDQ Securities Exchange

DMO Lists $4bn Eurobond On FMDQ Securities Exchange   The Debt Management Office (DMO) has listed the $4bn borrowed through Eurobond in September 2021 on the FMDQ Securities Exchange. This is in a bid to build investors’ confidence and also secure their investments. The DMO revealed on its...

Naira Records Slight Gains After Nigeria Raises $4bn In Eurobond

Naira Records Slight Gains After Nigeria Raises $4bn In Eurobond           Following yesterday’s report of the $4 billion Eurobond Nigeria raised, which was dubbed one of the biggest financial trades to come out of Africa in 2021, Naira appreciated marginally at both the black market and...

COVID-19 Vaccine: Nigeria Misses Out As W/Bank Gives $4bn To Ghana, 50 others

COVID-19 Vaccine: Nigeria Misses Out As W/Bank Gives $4bn To Ghana, 50 others     The World Bank has stated that it has spent over $4bn financing to curtail the COVID-19 pandemic in Ghana, Benin and 49 other countries. This was contained in a press statement released on...

‘Nigeria Requires $4bn Yearly For Renewable Energy’

‘Nigeria Requires $4bn Yearly For Renewable Energy’         Nigeria’s power sector requires about $4bn annually to access clean and sustainable renewable energy for power users across the country, the Federal Government has said. Minister of State for Power, Goddy Jedy-Agba, said this at a virtual global power...

W/Bank Earmarks $4bn For 36 States

W/Bank Earmarks $4bn For 36 States   The World Bank has earmarked about $4bn for poverty eradication, erosion control, human capital development and health-related issues in the 36 states of the federation. Chairman of the Nigeria Governors’ Forum (NGF), Governor Kayode Fayemi of Ekiti State, said this...

To Distribute 20,000MW, Discos Need To Invest $4bn By 2021, Says TCN

To Distribute 20,000MW, Discos Need To Invest $4bn By 2021, Says TCN The Transmission Company of Nigeria (TCN) has said that electricity distribution companies (Discos) would have to invest about $4 billion over the next three years to be able to match its ongoing expansion...