News & Events
Tunis – The African Development Bank Group’s (AfDB) efforts to improve sustainable energy supply and access in Africa took a leap forward with the Board of Directors’ approval of the Regional Rusumo Falls Hydropower Project.
The Bank of Industry, BoI, says collateral is no longer an issue for accessing its credit facility as it has designed credit schemes and products that allow reputable persons third party guarantees on loan applications.
Promises nationwide rollout of cash-less policy by June 2014
To aid interbank settlement processes within the country, the Central Bank of Nigeria (CBN) has disclosed plans to deploy new Real Time Gross Settlement (RTGs) by December 1.
The apex bank also announced of the extension the cash-less policy to other states in the country before June, 2014.
Global equity markets rose after Janet Yellen, President Obama’s choice to lead the Federal Reserve, signalled the United State central bank’s stimulative monetary policy would remain in place for some time, while the dollar rose to a two-month high against the yen.
Abeokuta- The Ogun State Government on Tuesday said it had disbursed about one billion naira loans to Small and Medium Enterprises (SMEs) as part of efforts to industrialise the state.