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#GiveHerBetaHealth: GTBank Champions Access To Health Insurance For Women

As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women, Guaranty Trust Bank plc (GTBank) has launched an initiative, tagged #GiveHerBetaHealth, to draw attention to the need for universal essential healthcare coverage, especially for women in the informal sector. Through the initiative, the leading African […]

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CBN Commits N85.89Bn To COVID-19 Pandemic Healthcare Projects

The Central Bank of Nigeria (CBN) on Tuesday disclosed that it had committed N85.89 billion to finance COVID-19 pandemic projects since the first reported case in February 2020 in the country. The apex bank Governor, Mr. Godwin Emefiele, disclosed this in Abuja during the Award of Grants for the CBN’s Healthcare Sector Research and Development […]

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AfDB, AGF To Announce Women Beneficiaries Of AFAWA G-4-G Programme

In celebration of International Women’s Day and to mark the rollout of the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth programme, the African Development Bank (AfDB) and the African Guarantee Fund (AGF) are showcasing the first beneficiaries of the AFAWA Guarantee for Growth programme. The programme is an innovation aiming to […]

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Implementation Of SEC’s 10-Year Master Plan On Course – Yuguda

The Securities and Exchange Commission (SEC) has confirmed that the implementation of its 10-Year Capital Market Master Plan (2015-2025) is gaining traction and expressed appreciation to all stakeholders that have supported its sustained drive to grow the nation’s capital market. Amongst the key objectives of the Plan, which was flagged off about six years ago, […]

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CBN Incentivizes Diaspora Remittance Recipients With N5/$ Bonus

The Central Bank of Nigeria (CBN) has introduced a new incentive to encourage inflow of Diaspora remittances into Nigeria. The incentive, tagged “Naira 4 Dollar Scheme”, was announced in a circular signed by the apex bank’s Director, Trade and Exchange Department, Mallam Saleh Jibrin, at the weekend According to the circular, the scheme, which would […]

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CBN Has Guaranteed N122.63Bn Under ACGSF So Far – Okon

The Central Bank of Nigeria (CBN) on Wednesday disclosed that it had guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF). Making the disclosure at the National Award Ceremony for the Best Farmer of the Year 2020 under the scheme held in Abuja, the Chairman of the Fund’s Board, […]

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CBN Releases 50,000MT Maize To Boost Market Supply

The Central Bank of Nigeria (CBN) in February released 50,000 metric tonnes of maize into the Nigerian market in fulfilment of its promise to help reduce the rising cost of the commodity. The apex bank’s support to major poultry feed producers and poultry producers in the country was facilitated under its Anchor Borrowers’ Programme (ABP). […]

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ECOWAS Bank, Franco-German Group Seal €40m Pact To Support SMEs

The ECOWAS Bank for Investment and Development (EBID) has signed a €40 million framework agreement with the ODDO BHF Aktiengesellschaft, a Franco-German financial services group with a longstanding track record and expertise in trade financing, to support Small and Medium Enterprises’ (SMEs’) recovery in the West African sub-region. The agreement was signed by the President […]

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Emefiele Tasks Nigerians On Agriculture, Lists Benefits Of ABP

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday said the apex bank’s Anchor Borrowers’ Programme (ABP) had restated the need for all stakeholders to sustain current efforts championed by the Bank to galvanize agricultural production towards meeting the food and other agro-based requirements of Nigeria’s growing population. Emefiele gave […]

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AfDB Grants $320,000 For Gender Mainstreaming In ECOWAS’ Digital Financial Services

The Board of Directors of the African Development Bank (AfDB) has awarded a grant of $320, 535 to the West African Monetary Agency (WAMA) to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks. A news report by the African Press Organisation (APO) Group on the funding intervention indicated that the fund would […]