UK GOVT INVESTS $6M IN INFRACREDIT TO BOOST NIGERIA’S ENERGY TRANSITION, INFRASTRUCTURE. (PHOTO).

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 UK Govt invests $6m in InfraCredit to boost Nigeria’s Energy transition, infrastructure The United Kingdom has announced an investment of $6 million towards unlocking domestic capital for Nigeria’s infrastructure development and energy transition. The investment was made through its MOBILIST programme to support the listing of InfraCredit on the NASD OTC Exchange Plc. The total listing by InfraCredit, Nigeria’s first and only domestic credit guarantor, is valued at N64 billion ($41 million). The company successfully raised NGN27 billion ($17.7 million) in new equity as part of the transaction. The investment from MOBILIST will further enable InfraCredit to expand its guarantee capacity and support a broader pipeline of infrastructure projects across the country. A statement by InfraCredit said the investment addresses this gap by offering Naira-denominated guarantees that enhance the creditworthiness of infrastructure debt instruments, thereby attracting investment from Nigerian i...
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JAMB RELEASES 2024 UTME RESULTS. (PHOTO).

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 JAMB releases 2024 UTME results


The Joint Admissions and Matriculation Board, JAMB, has released the 2024 Unified Tertiary Matriculation Examination results.


Over 1.94 million candidates registered and sat the examination in 118 towns and over 700 centres across the country.


The Registrar of JAMB, Prof. Ishaq Oloyede announced the release of the UTME results at a press conference held at the board’s headquarters, Bwari, in Abuja on Monday.


The examination which began on Friday, 19th April ended on Monday, 29th April 2024.


The board earlier explained that it chose to delay the release of the UTME results by some days because it needed some time to scrutinize the results to ensure credibility and integrity of the results, ensuring that there are no questions or any form of unclarity concerning the results particularly as regards the issue of impersonation, mixed biometrics, and other forms of malpractices.


Details later… 

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