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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TWO SUSPECTED YORUBA NATION AGITATORS HELD IN OYO. (PHOTO).

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 Two suspected Yoruba Nation agitators held in Oyo


Security operatives have arrested two suspected Yoruba Nation agitators for alleged role in the invasion of the Oyo Government Secretariat on Saturday morning. 

The duo, an old man with grey air and a middle aged man whose name cannot be confirmed, was arrested by the police with flags and some paraphernalia of Yoruba Nation. 

Armed with amulets and some charms, they were singing solidarity song Yoruba Nation shortly before the arrest.

The security operatives did not allow reporters interview them but the aged man was heard claiming he is the father of the Nation.

They have been taken by operatives to the Police Command for further interrogation.

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