*To fund SMEs Lagos — Ecobank Group, the leading pan-African banking group, has signed an agreement for a €100 million long-term credit facility over 9 years with the European Investme... Read more
Johannesburg, South Africa — IFC today welcomed Absa Bank Ltd. to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa, especially in low income a... Read more
Mkpoikana Udoma Port Harcourt — The Nigeria Customs Service says it generated N19.8 billion from Onne seaport, Rivers State, in October this year. Customs Comptroller, Onne Port, Auwal... Read more
Paris – The African Development Bank Group and the Agence Française de Développement on Wednesday signed a co-financing and partnership agreement to strengthen their relationship and leverag... Read more
Lagos — The Nigerian Content Development and Monitoring Board, NCDMB, has described the US$350 million Nigerian Content Intervention, NCI, Fund as one of the most successful funding sc... Read more
Lagos — The African Development Bank, the African Union Commission (AUC), and the United Nations Economic Commission for Africa (UNECA) on Thursday pledged to work more closely with go... Read more
*Salaries gulped N26bn salaries; spent N22m on CSR Lagos — The woeful financial performance of Kaduna Refining and Petrochemical Company (KRPC) continued in 2020, as the company posted... Read more
Kuala Lumpur — Malaysia announced an expanded budget on Friday, aiming to jumpstart its pandemic-battered economy in 2022. Here are some highlights from the planned budget, with data f... Read more
OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Company Limited has said it will deduct about N164billion from its remittance to the Federation Account Allocation Committee... Read more
News wire —London’s FTSE 100 fell on Thursday, led by oil major Royal Dutch Shell after it missed quarterly profit estimates, although forecast-beating earnings from Lloyds Banking Gro... Read more
