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Top News In நைஜீரியா இறையாண்மை முதலீடு அதிகாரம் Today - Breaking & Trending Today

Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm

Mambilla: FG Directs NSIA To Source $200m Judgment Debt For Chinese Firm
niyitabiti.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niyitabiti.net Daily Mail and Mail on Sunday newspapers.

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Mambilla Project: NSIA clears air on alleged involvement in $200 million debt fund

Mambilla Project: NSIA clears air on alleged involvement in $200 million debt fund
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DBN doubles loan portfolio to N215.1bn

Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.
The Development Bank of Nigeria (DBN) has given out N215.1 billion loan to 136,000 Micro, Small and Medium Enterprises.
DBN, in a statement after Agusto and Co rated the bank âAAAâ, said it will continue to âexpand the scope of its operations, onboarding more Participating Financial Institutions (PFIs) and deepening credit penetration in the low end of the marketâ.
Particularly DBN will target âwomen entrepreneurs, who represent over 50 percent of the bankâs ultimate credit beneficiariesâ.
According to DBN, the bank âdoubled its loan portfolio to N215.1billion, leveraging its robust risk management practice in deepening credit penetration to over 136,000 MSMEsâ. ....

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Development Bank of Nigeria earns triple "A" credit rating

Development Bank of Nigeria earns triple "A" credit rating
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Second Niger Bridge to be completed by 2022 - NSIA

The Nigeria Sovereign Investment Authority (NSIA) says it is confident the Second Niger Bridge would be completed by 2022.
This was disclosed by Uche Orji, NSIA’s Managing Director, at the weekly State House media briefing organised by the Presidential Communications Team on Thursday at the Presidential Villa, Abuja, according to the News Agency of Nigeria.
Orji recalled that the Presidential Infrastructure Development Fund (PIDF), managed by NSIA, was set up in 2018 with the aim of finalizing projects that were experiencing financing delays. The projects include the Second Niger Bridge, Abuja-Kaduna-Kano, Lagos-Ibadan Expressways and the Mambilla Hydro-power project.
“PIDF was set up as a mechanism that takes government contribution, NSIA contribution, and opens the door for investors to come in as a way to make sure that we finish these projects on time and the progress has been quite impressive in the last three years of the PIDF being set up. ....

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