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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,422
6224hr
Pakistan Cases
1,034,837
5,02624hr
8.82% positivity
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382,865
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356,920
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30,432
Islamabad
87,699
KPK
144,264

asset managers

Nigeria seeks asset managers for $2.6bn new infrastructure firm
Business & Finance

Nigeria seeks asset managers for $2.6bn new infrastructure firm

  • The asset managers will originate and manage infrastructure projects, generating return from investments, the bank said on Saturday. The deadline for submission of proposals is March 16.
  • Initial capital will come from the central bank, the Nigerian Sovereign Investment Authority (NSIA), and the Africa Finance Corporation, the central bank has said.
Updated 27 Feb, 2021 09:09pm
Asset manager BlackRock cuts stake in Occidental Petroleum
Business & Finance

Asset manager BlackRock cuts stake in Occidental Petroleum

  • The firm beneficially owned 53.69 million Occidental shares at the end of December, down 5 million shares from a year earlier. The stake was valued at $1.22 billion on Friday.
  • BlackRock did not immediately reply to a request for comment. The firm has urged companies to prepare their businesses to live in a low-carbon environment by the middle of this century.
Published 05 Feb, 2021 08:50pm