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Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure   Lagos State has signed a 10-year Bond to raise N137.3billion to finance key infrastructural projects in the state. The 13 per cent Fixed Rate Series IV Bond Issuance, under the N500 billion Fourth Debt Issuance Programme, is...

CBN Urges FG To Prioritise Investment In Infrastructure

CBN Urges FG To Prioritise Investment In Infrastructure   The Central Bank of Nigeria has urged the Federal Government to prioritise investment in infrastructure to improve the country’s business environment and boost economic growth. Mr Godwin Emefiele, the CBN Governor made the call Tuesday night in Abuja...

‘Nigeria Needs $3trn For Infrastructure In 30 Years’

'Nigeria Needs $3trn For Infrastructure In 30 Years'       Agusto & Co., a rating agency and research firm, has said Nigeria has a huge infrastructural deficit and requires up to $3tn over the next 30 years to bridge this gap. It said in a report on Monday...

More Gas-to-power Infrastructure Coming Through PIB – Lawmakers

More Gas-to-power Infrastructure Coming Through PIB – Lawmakers         The Senate on Tuesday said more gas infrastructure required for power generation would be constructed in various parts of the country going by the provisions contained in the Petroleum Industry Bill. Deputy Senate President, Senator Ovie Omo-Agege, said...

Forex, Infrastructure Hindering Readiness For Continental Trade – NACCIMA

Forex, Infrastructure Hindering Readiness For Continental Trade – NACCIMA         The Nigerian Chamber of Commerce, Industry, Mines and Agriculture says access to forex, irregular electricity supply and poor infrastructure are issues affecting the readiness of Nigeria for the African Continental Free Trade Agreement. The National Vice President...

COVID-19: No Infrastructure For Testing At Airports – NCAA

COVID-19: No Infrastructure For Testing At Airports – NCAA     The Nigerian Civil Aviation Authority on Monday declared that there was no infrastructure to conduct COVID-19 tests on thousands of passengers who would use the airports once international flights resume on August 29. International commercial flights are...