January 28, (THEWILL) — The Federal Government’s N501 billion power sector bond has recorded full subscription, reflecting strong investor confidence in the ongoing reforms within Nigeria’s electricity industry and the government’s commitment to settling legacy power sector obligations.
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The Prime Minister of Ethiopia, Abiy Ahmed, and Djibouti’s President, Ismaïl Omar Guelleh, have expressed support for Dangote Group’s $660m Damarjog-Dewele Oil Terminal and Pipeline Project, saying it could strengthen energy security and trade links between the two countries.