Nigerians appear to be failing to ask the necessary questions
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.
CBN, Others to Lead Discussions on Infrastructure, SME Financing
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
The Nigerian Economic Summit Group (NESG)
By
Wed Apr 21 2021
The Nigerian Economic Summit Group (NESG) has said Nigeria can tap into the about $17 trillion global idle fund to finance infrastructure.
The Chairman, the Nigerian Economic Summit Group, Asue Ighodalo stated this at the public presentation of 26th Nigerian Economic Summit (#NES26) report in Abuja.
He said there is about $17tr capital globally that earns no income and can be attracted to build infrastructure in Nigeria with the right investment environment.
Speaking on the #NES26 outcomes, which should be presented to the president and the Federal Executive Council soon by the Minister of Finance, Budget and National Planning Mrs Zainab Ahmed, the group called on the private sector to accelerate economic progress through innovation and investment strategies.
news
Irish firm to provide dollar-based funding for Nigeria Akintunde1
By Taofik Salako, Deputy Group Business Editor
Restorium Capital Limited, an investment banking and project development firm based in Dublin, Ireland, has launched its high-impact finance, opening new window for direct dollar-funding to governments and companies.
Its Managing Director, Mrs Omotayo Adeola, said the company has enormous potential to support companies and governments with huge dollar-based funding and could provide as much as $1 billion to any public-private partnership deal.
At a virtual press conference to announce the commencement of operations in Nigeria at the weekend, Adeola said the company decided to choose Nigeria as its first country of operations in Africa because of its belief in the economy and its potential, noting that the company’s next expansion will be to Ghana by the second or third quarter of the year.