“The partnership will incorporate a specialized framework utilizing a special-purpose vehicle (SPV) owned by the Nigeria Sovereign Investment Authority. This structure will enable institutional investors to provide sustainable long-term financing with robust oversight, reducing risks associated with large-scale government projects” PEGASUS REPORTERS, LAGOS | MAY 17, 2024 The Federal Executive Council has approved an initiative aimed at transforming the ...
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RECANT: Tinubu not first African leader to Ring Closing Bell at NASDAQ in New York – Presidency
“We inadvertently referred to President Bola Tinubu as the first African leader to ring the bell at NASDAQ on Wednesday in New York, based on the information provided by a third-party event organiser.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 23, 2023 The Nigerian Presidency has apologised for a major blunder in claiming that Tinubu was the first African leader to ...
Read More »More Refineries won’t guarantee cheaper fuel for Nigerians- Ajuri Ngelale
“The point I am making on this is that the reason why the price at the pump will not go down irrespective of what our refining capacity is as a country is that nobody spends tens of billions of dollars on building a refinery because of charity or corporate social responsibility, they do it to make money.” PEGASUS REPORTERS, ...
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