How Nigeria Can Unlock $900bn Dead Capital To Address Stimulus Gap       With at least $300 billion or as much as $900billion worth of dead capital in residential real estate, and agricultural land, financial analysts have urged the Federal Government to partner with the private sector...

C& I Leasing Raises N2.3bn Fresh Capital to Boost Operations   C & I Leasing Plc has raised about N2.26 billion through a rights issue to boost its operation. The company had set out to raise N3.234 billion through the issuance of about 539 billion ordinary...

Insurers To Raise N50bn New Capital For Recapitalisation   Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors to mobilise a cumulative sum of N50 billion new capital to meet June 2020 recapitalisation deadline.While others are still fine-tuning strategies...

AfDB Announces Largest Capital Increase Of $208bn   The African Development Bank on Thursday announced the largest capital increase in its history, with an almost 125 per cent jump from $93 billion to $208 billion. AfDB President, Akinwumi Adesina, hailed “a historic day” for the bank and...

In Three Years, Listed Firms Raise N768.7bn Capital   companies that are publicly listed in the capital market have raised a total of N768.7bn capital in the last three years. Data obtained from the Securities and Exchange Commission showed that these firms are listed on the Nigerian...

FG Releases N460bn Capital Expenditure – Udoma   The Federal Government has released N460 billion out of the N2.1 trillion capital expenditure for 2018, the Minister of Budget and National Planning, Udo Udoma has said. Speaking yesterday on the side lines of the Annual Meetings of the...