Thursday, November 15, 2018

Tag "Mr Rumundaka Wonodi"

    NSIA to manage $350m power fund for NBET

NSIA to manage $350m power fund for NBET

The Nigerian Bulk Electricity Trading Plc (NBET) and the Nigeria Sovereign Investment Authority (NSIA) on Thursday signed a funds management agreement over the $350 million (N56.7 billion) allocated to NBET for power generation projects in the country.The fund, generated from the $1 billion Eurobond issued by the federal government in July 2013, which is to enable NBET enter power purchase agreements [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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