Governor Babajide Sanwo-Olu has commended the International Finance Corporation (IFC) for its equity investment of up to $50 million in the Lagos Free Zone Company, describing it as a strategic move to enhance industrial development and global trade integration. In a tweet on his X handle, Sanwo-Olu said the investment would fund the first phase of the 860-hectare Lagos Free …

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasised the untapped potential of the capital market in addressing Nigeria’s significant infrastructure deficit. Agama pointed out that the capital market, which has played a key role in mobilizing funds for various sectors of the economy, can similarly be leveraged to finance the country’s infrastructure needs, …

Actis, a leading global investor in sustainable infrastructure, has recently concluded a first close of its real estate fund, Actis West Africa Real Estate Income Fund (NREIF) at $45 million. Anchor investors in the first close included Stanbic IBTC Pensions Managers, the First City Monument Bank Pensions Limited and Pensions Alliance Limited. The Fund will invest in market-leading, stabilised real …