The African Development Bank (AfDB) has called on African countries’ leaders on the need to reconstruct rural areas from zones of economic misery
Banking
ITFC Supports Gambia’s Agric With $17.5M Syndicated Murabaha Financing
The International Islamic Trade Finance Corporation (ITFC) has signed a syndicated Murabaha financing Agreement totalling US$ 17.5 million with the Government of The Gambia.
Retired Civil Servant Wins N1m In Skye Bank Reward Promo
An ex-staff of defunct Power Holding Company of Nigeria (PHCN), Bello Sarafa, has emerged a new millionaire in the on-going Skye Bank ‘Reach for the Skye Millionaire Reward’ draw
Heritage Bank Bags CBN’s Sustainable Banking Award In Agric
Heritage Bank Plc has bagged the inaugural Nigeria Sustainable Banking Award initiated by the Central Bank of Nigeria (CBN)
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Russia Hit By $3.4bn Promsvyazbank Bailout In Latest Bank Blow
Russia’s central bank may have to sink up to $3.4 billion into its bailout intervention today of Promsvyazbank, the country’s 10th largest private lender, the third such rescue this year.
CBN Plans To Auction N1.27trn Treasury Bills In Q1 2018
The Central Bank of Nigeria has released the calendar for Treasury Bills issuance for the first quarter of next year with the total value amounting to N1.27 trillion.
Keystone Bank Empowers Female Entrepreneurs
Keystone Bank Limited has organized a capacity building workshop, tagged: ‘The Accelerate Business Seminar’ for female business owners.
AfDB Boosts Africa Infrastructure Fund With $100m Loan
African Development Bank (AfDB) has approved US $100 million to the Emerging Africa Infrastructure Fund (EAIF), a Public Private Partnership (PPP) company, to support ongoing projects
Banks Drag European Shares Down
Weakness in bank stocks dragged European shares to a downbeat open today