Tag: Debt
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Nigeria’s N26.4trn Pension Funds Push for Wider Investment Freedom Amid Inflation and Naira Depreciation
Abuja, Nigeria — Naija247news — Nigeria’s pension fund managers, who oversee more than ₦26.4 trillion ($17 billion) in retirement savings, are urging regulators to loosen investment restrictions in order to protect workers’ pensions from being...
Adesina Urges Africa to Curb $580bn Illicit Financial Outflows to Ease Mounting Debt Crisis
Naija247news reports that African Development Bank (AfDB) President, Dr. Akinwumi Adesina, has called on African nations to take urgent and coordinated action to halt the staggering $580 billion in illicit financial outflows from the continent...
United Capital Infrastructure Fund Declares ₦1.61bn H1 2025 Distribution, Delivers 24.99% Return Amid Rising Infrastructure Demand
Lagos, Nigeria — August 19, 2025 (Naija247news) – United Capital Plc has announced a half-year distribution of ₦1.61 billion to investors in its flagship United Capital Infrastructure Fund (UCIF), signaling strong growth momentum and reaffirming...
Nigerian States Still Heavily Reliant on FAAC, Generating Only 26% of Revenues Internally in H1 2025
Despite ongoing fiscal reforms, most Nigerian states remain heavily dependent on monthly allocations from the Federation Account Allocation Committee (FAAC), with internally generated revenue (IGR) contributing less than one-third of their income in the first...
Senate Pushes Municipal Bonds, Sukuk to Fund Roads, Healthcare, Education at LG Level
By Naija247news Reporter Uyo, Akwa Ibom, Aug 18, 2025 (Naija247news) – The Senate Committee on Capital Market and Institutions has highlighted municipal bonds and Sukuk as viable instruments for funding critical infrastructure at the local...
