FG raises N728.9bn in second bond issuance for power sector debt

FG raises N728.9bn in second bond issuance for power sector debt

By Ediri Ejoh with Agency report The Federal Government (FG) has raised N728.9 billion in bonds as part of its funding process to offset the N4 trillion legacy debt it owed electricity Generation Companies, GENCOs. Speaking at the bond launch in Abuja, TaiwoOyedele, Minister of Finance and Coordinating Minister of the Economy, said the Series-2 […]
Visible Articles 5 10 15
NPERA Act will sanitise ports, protect investments — Akutah

NPERA Act will sanitise ports, protect investments — Akutah

By Efe Onodjae The Director-General, Nigerian Ports Economic Regulatory Agency (NPERA), Dr Pius Akutah, has said the powers vested in the agency by the NPERA Act 2026 will help sanitise the nation’s ports, protect investments and promote efficiency in the maritime sector. Akutah stated this on Tuesday when the executive members of the Maritime Correspondents’ […]