Category : Search result: Private Debt Fund


FCMB Asset Management Gets N20bn Fund Approval

FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.

Debt Servicing Cripples Africa's Development - Moghalu

Ex-CBN deputy governor Kingsley Moghalu reveals African nations spend more on debt than health & education combined. Nigeria allocates 70% of revenue to repayments. Discover the data blocking development.

State Debt Rises by N94.79bn in Three Months

Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.

George Akume confirms marriage to Zynab Otiti Obanor

Secretary to the Government of the Federation, Senator George Akume, has formally acknowledged his marriage to philanthropist Zynab Otiti Obanor, calling it a private affair that does not affect his public duties. Read more.

Nigeria Rallies Businesses for National Biodiversity Plan

Nigeria intensifies efforts to halt biodiversity loss, mobilising private sector support for its 2025-2030 National Biodiversity Strategy. Business leaders convened in Lagos to shape a practical Business Action Plan aligned with global goals.

Private Sector Joins Push for Stability in Nigeria

Key Nigerian private sector actors unite with civil society to design market-driven strategies for economic resilience and preventing violent extremism in fragile states. Discover the innovative plans.

Sujimoto's ₦20tr Plan to Tackle Terrorism, Banditry

Sujimoto Group unveils a ₦20 trillion integrated plan combining fortified border security with large-scale agriculture to combat Nigeria's insecurity. The strategy aims to tackle terrorism and banditry by linking safety with economic growth.

GAIA AFRICA Launches New Member Season for Women Leaders

GAIA AFRICA, Africa's premier private club for women leaders, has opened its 2025/2026 member season. The launch features 'The Unbowed' series, highlighting stories of resilience from founders and executives. Join the community shaping the continent's fut

FG Woos Private Sector to Boost Livestock Through PPPs

Nigeria's government urges private investment in livestock via PPPs to unlock the sector's potential, create jobs, and enhance food security. Minister Idi Maiha reveals 38 legacy facilities need revitalisation.

ADC to Protest FG's N500bn Debt to Contractors, Pensioners

The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.

Lawmaker seeks sack of Finance Minister over N4tr debt

Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.

Benue PDP Chief Rejects Northern Security Fund

PDP chieftain Bemgba Iortyom rejects Benue's inclusion in the Northern Security Trust Fund, calling it a flawed plan that diverts state resources. He criticises Governor Alia's priorities.

Eko DisCo: Free Meters Only Through Official Portal

Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

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