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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NIGERIAN MAN STOPS JOURNEY TO DAUGHTER'S GRADUATION PARTY TO SAVE 9 PEOPLE FROM A BURNING CAR. (PHOTO).

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 Nigerian man stops journey to daughter’s graduation party to save 9 people from burning car


A Nigerian man turns heads on social media as he stops his vehicle on his way to his daughter‘s university graduation to rescue 9 people from a burning car.


This was revealed in a post made available on TikTok.


It was alleged that the man was on his way to the graduation party of his daughter when he noticed a burning car with people in it.


Immediately, he instructed his driver to stop, and he began to find ways to save the lives of these people.


While many were unwilling to help, the man revealed that he mustered the courage and was willing to give his all to save the people.


Eventually, he was able to break the window of the vehicle and, with the help of a few persons, saved 9 passengers. 

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