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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U-17 WWC: FLAMINGOS WIN FAIR PLAY AWARD. (PHOTO).

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 U-17 WWC: Flamingos win FIFA Fair Play award


Nigeria’s Flamingos won the Fair Play award at the jut concluded FIFA U-17 Women’s World Cup in Dominican Republic.


Bankole Olowookere’s side were rewarded for their exemplary behavior in the tournament.


The Flamingos picked the least number of bookings during the competition.


The West Africans were eliminated by the United States of America in the quarterfinals, going down to a 2-0 loss.


The Nigerian girls won all three group games before succumbing to the firepower of the Americans.

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