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FSD Africa Investments injects £10m into innovative risk sharing facility in partnership with InfraCredit to support Nigeria’s Sustainable Climate Infrastructure

Lagos, 01 August 2023 FSD Africa Investments (FSDAi), in collaboration with InfraCredit, have invested £10m into a first-of-its-kind risk-sharing backstop facility, designed to unlock local currency funding for sustainable infrastructure development in Nigeria. The Risk Sharing Backstop Facility (RSBF) will address the challenge of low credit enhancement by mobilising local …

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Fidelity Bank stock upgrade excites investors

According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the …

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Atiku in court as parties adopt final addresses

By Wandoo Sombo Abuja, Aug. 1, 2023 The Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Abubakar Atiku, was at the Presidential Election Petition Court, (PEPC) on Tuesday as parties were set to adopt their final written addresses. The News Agency of Nigeria (NAN) reports that the adoption of …

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UK supports food security in Nigeria

  ·       Foreign Secretary pledges support to make Nigeria’s agriculture sector more resilient to climate change on a visit to Nigeria. ·       Funding will help more than four million people develop better farming practices and reduce harmful carbon emissions. ·       James Cleverly’s trip to Nigeria comes on a three-country visit to Africa where …

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Niger: Trouble in the neighbourhood By Dakuku Peterside

Niger Republic is Nigeria’s next-door neighbour. She is not the best neighbour Nigeria would desire but, as a sovereign nation, we have no control over her. Her economic statistics, population demographics, poverty and security threats – terrorism, insurgency, and inter-communal conflicts – are too much baggage for a neighbour any …

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Ag. IGP sets up Schools Protection Squad, launches Standard Operating Procedure handbook for Schools programme  

The Acting Inspector-General of Police, IGP Kayode Adeolu Egbetokun, as part of his policy geared towards security of lives and property, most especially safety of schools and students, has announced the establishment of the Schools Protection Squad (SPS), a proactive initiative aimed at enhancing security and safety in educational institutions …

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Zenith Bank retains position as Best Commercial Bank in Nigeria for third conservative year, Best Corporate Governance Bank, at World Finance 2023 Awards 

For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023. The bank also emerged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive …

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