Nigeria Infrastructure Funding
Jan13

Nigeria Infrastructure Funding

By Kede Aihie Nigeria’s sovereign wealth fund is setting up a company in partnership with London firm GuarantCo, to enable pension funds to invest in Nigerian infrastructure bonds, its chief executive, Uche Orji say. According to data from Nigeria’s National Pension Commission, pension fund assets by December 2015, was $26.4 billion Chris Vermont, GuarantCo, CEO based in the UK office, confirmed to Kede Aihie, Editor in Chief of...

Read More
Making Lagos third largest economy in Africa is our target – Gov Ambode
Dec29

Making Lagos third largest economy in Africa is our target – Gov Ambode

Mr. Akinwunmi Ambode says one of his administration’s objectives is to propel the State from being the fifth to become the third largest economy in Africa. He said to achieve this, the State Government would focus more on Education (especially vocational training), scaling up of its health facilities, including renewal and building of world class infrastructure in the coming year. Lagos State Governor, Governor Ambode, who spoke at...

Read More
Nigeria Sovereign Investment Authority (NSIA) sign $700 Million-Agreement With Old Mutual Investment Group (OMIG) South Africa, UFF Agri-Fund For Establishment Of Real Estate And Agriculture Investment
Aug13

Nigeria Sovereign Investment Authority (NSIA) sign $700 Million-Agreement With Old Mutual Investment Group (OMIG) South Africa, UFF Agri-Fund For Establishment Of Real Estate And Agriculture Investment

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun says Federal Government has commenced discussions on the privatisation of the country’s railway system to provide necessary infrastructure for agriculture to thrive. Under the real estate agreement signed, $500 million is expected to be invested in commercial and retail assets with an initial commitment of up to $100 million each from NSIA and Old Mutual, with deal origination and...

Read More
USING INNOVATION TO RE-ENGINEER AFRICA’S DEVELOPMENT
Jul14

USING INNOVATION TO RE-ENGINEER AFRICA’S DEVELOPMENT

USING INNOVATION TO RE-ENGINEER AFRICA’S DEVELOPMENT https://www.eventbrite.co.uk/e/using-innovation-to-re-engineer-africas-development-moving-from-talk-to-action-tickets-26152775656?utm-medium=discovery&utm-campaign=social&utm-content=attendeeshare&utm-source=wa&utm-term=listing

Read More
Fidelity Bank Plc Appoint Mohammed Balarabe As Acting Head
May04

Fidelity Bank Plc Appoint Mohammed Balarabe As Acting Head

Fidelity Bank Plc appointed Mohammed Balarabe as acting head after its Managing Director Nnamdi Okonkwo was detained over alleged illegal dealings by the bank. Nigeria’s anti-graft agency, Economic and Financial Crimes Commission, arrested Okonkwo and is investigating him over “suspected illegal transactions,” EFCC spokesman Wilson Uwujaren says. “At the end of the investigation there will be a formal statement on our findings....

Read More
Captain Hosa Okunbo, unveils $750 Million farm in Ovia North East, Edo State, to provide 25,000 direct and 60,000 indirect jobs
Mar18

Captain Hosa Okunbo, unveils $750 Million farm in Ovia North East, Edo State, to provide 25,000 direct and 60,000 indirect jobs

A $750 million farm with an initial investment of $300 million targeted at creating 25,000 direct and 60,000 indirect jobs, was, on Wednesday, unveiled in Benin, the Edo State capital. Unveiling the project in a presentation to the Edo State governor, Comrade Adams Oshiomhole, the investor, Captain (Dr) Hosa Okunbo, explained that it had been his long time vision to venture into the project. Okunbo, who introduced his technical and...

Read More

Pin It on Pinterest