The Federal Government of Nigeria has secured a $1.5 billion loan facility from the US-EXIM Bank to deliver solar power infrastructure in 10 different locations nationwide. According to the Chief Executive Officer, SUN Africa LLC, USA, Adam Cortese, the government-to-government loan facility would cover a concession period of 20 years. He said, “This is government-to-government financing. It’s […]
Fidson Healthcare Plc in the First Half of year 2022 achieved significant growth in its topline and bottom line figures. A turnover of N20.38 billion for the 6 months period, up by 57.62% from N12.93 billion reported the previous year. Profit after tax grew year on year by 127.16% to N2.7 billion from N1.19 billion achieved the[…]
Transactions on the floor of the Nigerian Exchange on Thursday closed lower as the All Share Index declined by 0.03% to close at 50,582.30 points from the previous close of 50,594.97 points. The Market Capitalisation declined by 0.03% to close at N27.277 trillion from the previous close of N27.284 trillion, thereby shedding N7 billion. An aggregate of[…]