Rural Electrification Agency
17 Dec
InfraCredit, a 'AAA’-rated specialised infrastructure credit guarantee institution, has announced credit enhancement of Prado Power Limited's Guaranteed Fixed-Rate Senior Green Infrastructure Forward Ijarah Lease Sukuk under a co-financing arrangement with the £10 million Climate Finance Blending Facility. The scheme was funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), the fourth transaction under…
17 Oct
Rural Electrification Agency (REA) has revealed that it has secured $750 million funding that would provide electricity for 17.5 million Nigerians.
7 Jun 2024
A Federal High Court sitting in Abuja has issued a bench warrant for three staff of the Account and Finance Department of the Rural Electrification Agency (REA) after they failed to appear in court for a multi-million-naira fraud case brought by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The ICPC had charged…
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