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Duport appoints new company secretary, institutes better governance code thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
DMCL Holds Extraordinary General Meeting 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.
InfraCo Commences Operations, Appoints Angbazo Pioneer MD 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.
TODAY February 26, 2021 The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and to accelerate growth. President Muhammadu Buhari about a fortnight ago, had approved the establishment of the Infraco, a Public-Private Partnership-styled infrastructure company with an initial seed capital of N1 trillion, to tackle Nigeria’s growing infrastructure deficit. A report yesterday by Bloomberg quoted a source as saying that the Central Bank of Nigeria (CBN) and its funding partners, the Africa Finance Corporation (AFC) and Nigeria Sovereign Investment Authority (NSIA), are seeking proposals from companies to independently manage the infrastructure company’s capital-raising plan. ....
FG seeks asset manager for N1 trn infrastructure company The CBN, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority on Friday called for proposals from qualified asset managers ADVERTISEMENT The federal government has called for expressions of interest for the appointment of an asset manager for the new Infrastructure Corporation of Nigeria. The company, InfraCo, approved two weeks ago by President Muhammadu Buhari, was established with a startup funding of N1 trillion for the construction of critical infrastructure projects to help accelerate growth in the country. Its funding is expected to grow to N15 trillion. The Central Bank of Nigeria, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority (NSIA) on Friday called for proposals from qualified asset managers active in the infrastructure sector to manage the firm. ....