18

Nov

UK approves $100m to support women entrepreneurs in Nigeria

The United Kingdom (UK) has launched $100million direct funding for women owned enterprises in the country. The fund is aimed at women empowerment. British High Commissioner to Nigeria, Ms. Catriona Laing also said the UK has supported 1.4 million additional girls educationally in the North-Eastern part of the country. According to Laing, “The UK has three areas focusing on Gender. […]

18

Nov

NAICOM restates commitment to sanitize industry

The National Insurance Commission (NAICOM) has expressed worry over the disturbing issues of claims default to policyholders. The insurance regulator had in June this year canceled the licences of Niger Insurance Plc and Standard Alliance Insurance Plc over inability to carry out their primary responsibility of claims payment and other irregularities. Deputy Commissioner for Insurance, Alhaji Sabiu Abubakar recently[…]

AfDB approves $20m for investment in Africa’s renewable energy

African Development Bank Group has approved an equity investment of $20m in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400m into renewable energy and resource-efficiency assets across sub-Saharan Africa over a 10-year period. The Vice President, African Development Bank’s Power, Energy, Climate Change and Green Growth Complex, Kevin[…]