The African Development Bank (AfDB) and Infrastructure Credit Guarantee Company Limited have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit’s capital base and attract institutional …
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Africa needs to be competitive, says Chike-Obi, Fidelity Bank’s Chairman
Africa needs to be competitive and efficient in its area of strength, according to Mustafa Chike-Obi, the Chairman of Fidelity Bank. Speaking recently on the sidelines of the AFREXIMBANK Annual …
Read More »Watch out for cancer signs in children, doctor urges parents
A Consultant Paediatric haemato-oncologist, Dr Magdalene Odunvbun, has urged parents and guardians to watch out for early signs of cancer in children and seek prompt medical examination and treatment. Odunvbun, …
Read More »GIGM, travelstart unveil centralised booking platform for travellers
GIG Mobility and Travelstart Nigeria have partnered to launch integrated booking services for air and road travel, enabling passengers to buy air and bus tickets on a single platform. …
Read More »GTB Vs Afex: Court adjourns case to June 27
Federal High Court sitting in Lagos on Thursday fixed June 27, 2024, for further hearing of the contempt suit initiated by Guaranty Trust Bank Plc against the directors of …
Read More »NCIC challenges green tax proposal
The Nigeria Climate Innovation Centre has challenged the proposed green tax on single-use plastics. This was disclosed in a report titled ‘Beyond Green Taxes: Embracing the Circular Economy for …
Read More »Fidelity Bank commences N127bn capital raise
Fidelity Bank Plc opened its N127.10bn rights issue and public offer on Thursday, becoming the first bank to go public following the recapitalisation directive of the Central Bank of …
Read More »Coronation Merchant Bank grows gross earnings by 62% to N61bn
Coronation Merchant Bank grew its gross earnings by 62 per cent to N61.6bn for the year ending December 31, 2023. In a statement issued after its Annual General Meeting …
Read More »FG advised to channel over $4bn loan to productive sectors
Economic analysts have urged the Federal Government to channel the expected $4.4bn loan from the World Bank and the Africa Development Bank to production. In separate chats with The …
Read More »Naira slump, loans push public debt to N121tn
Nigeria’s total public debt has reached N121.67tn, increasing by N24.33tn or 24.99 per cent within three months, the Debt Management Office has announced. This new figure is from a …
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