N501bn power sector bond: FG appoints Africa Finance

Dailytrust | 04-02-2026 02:18pm |

The Federal Government has appointed Africa Finance Corporation (AFC) as Co-Financial Adviser for the successful issuance of the inaugural N501 billion bond under the Presidential Power Sector Financial Reforms Programme (PPSFRP), marking a major step toward resolving long-standing debt challenges in Nigeria’s electricity industry. The bond issuance represents the first tranche of a broader N4

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