REA secures $950m to boost renewable electricity supply

–Targets $1.1bn from private sector By Obas Esiedesa, Abuja The Managing Director, Rural Electrification Agency, REA, Mr Abba Abubakar Aliyu on Monday disclosed that Nigeria has so far secured $950 million funding for its Distributed Access through Renewable Energy Scale-up, DARES, programme. Aliyu, who disclosed this in Abuja during a renewable energy service company collaborative […]
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Listing of InfraCredit raises NASD’s market value to N1.95 trn

By Peter Egwuatu NASD OTC Exchange PLC has listed 15,255,079,725 units of shares of Infrastructure Credit Guarantee Company (InfraCredit) at N2.43 each, valued at N37 billion, which increased the Exchange’s total market value to N1.95 trillion The historic listing provides strategic partnership between NASD and InfraCredit, underscores the Exchange’s commitment to providing a platform for […]

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