NSIA to Increase Investment in Infrastructure - THISDAYLIVE

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

NSIA to Increase Investment in Infrastructure - THISDAYLIVE via thisdaylive

The Nigeria Sovereign Investment Authority , manager of Nigeria’s sovereign wealth fund, has indicated its preparedness to deploy more capital towards developing infrastructure in the country.

On the other hand, its total comprehensive income, excluding the impact of foreign exchange gains, in the year under review, was N26.29 billion, as against the N26.28 billion recorded the previous year. “We have commissioned the LUTH cancer Centre. The facility will soon be fully open for clinical operations,” it explained.

“InfraCredit: NSIA having created InfraCredit, attracted other investors to the company and de-recognized it from the book. InfraCredit is poised to transform the infrastructure bond market having facilitated transactions for North South Power and Vitan. New investors in InfraCredit AfDB and KfW.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria’s sovereign wealth agency records $350 million earnings - Premium Times NigeriaThe Nigeria Sovereign Investment Agency (NSIA) says earnings described as “value addition” from various investments with its seed capital since it began operations in 2013 stands at over $350 million. Good news after criticism.... i know our economy will surely improve if the FG do the needful on ease to do business... cut multiple taxation, reduce interest rates, improved security, improved power generation and distribution, reduce import charge, study Ghana, etc.. Nigerians won't tweet this we are always good at critics
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Sadiku: $90.9bn Worth of Investment Interest Recorded in 2018 - THISDAYLIVEJames Emejo in Abuja The Executive Secretary/Chief Executive, Nigerian Investment Promotion Commission (NIPC), Ms. Yewande Sadiku has said about $90.9 billion worth of investments were recorded in the country last year. Speaking during an interaction with Commerce and Industry Correspondents Association of Nigeria (CICAN) in Abuja, she said there were 92 projects covering 23 states …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

'Collaboration, Investment Will Drive AI Technology in Africa' - THISDAYLIVEEmma Okonji in Dubai, UAE Counting on the gains of Artificial Intelligence (AI) technology in nation building and development, participants at the just concluded AI forum in Dubai, United Arab Emirates (UAE), have insisted that effective collaboration between government and the private sector will speed up development among African countries. They also called for proper …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »