AfDB okays $500m fresh loan for Nigeria

The African Development Bank Group has approved a loan of $500m to the Federal Government to finance the first phase of the Economic Governance and Energy Transition Support Programme. EGET-SP is an initiative aimed at accelerating the transformation of the country’s electricity infrastructure and improving access to cleaner sources of energy. A statement posted on

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Recapitalisation: GTCO raises N209bn via public offer, unveils plans for phase two

Guaranty Trust Holding Company (GTCO) Plc has announced that it raised N209.41 billion through a …

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