Banking&Finance - Page 3

Mohammed Shosanya Ecobank Nigeria Limited has received approvals from the Securities and Exchange Commission and the Central Bank of Nigeria for the launch of its custody business operations in the country. In

Mohammed Shosanya African Export-Import Bank (Afreximbank) has arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance

Toluwani Shosanya The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024. Mrs. Hakama Sidi Ali, the Acting Director, Corporate Communications, in

Mohammed Shosanya African Export-Import Bank,plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank,

Mohammed Shosanya The Central Bank of Nigeria’s (CBN),has offered $876m to fulfil bids submitted by customers at an auction concluded on Wednesday, August 7. In a statement,the CBN noted that the move

Mohammed Shosanya The Central Bank of Nigeria has approved the merger of Providus Bank and Unity Bank. Acting Director, Corporate Communications, Hakama Sidi,who disclosed this in a statement on Tuesday,explained that the

Mohammed Shosanya Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank and Ghana’s Best Bank for ESG. These accolades highlight the bank’s outstanding performance

Mohammed Shosanya The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its 296th meeting Raised the Monetary Policy Rate (MPR) by 50 basis points to 26.75 per cent

Mohammed Shosanya The Central Bank of Nigeria,has announced the approval of sales of Foreign Exchange to eligible Bureau De Change (BDCs) to meet the demand for invisible transactions. A statement signed signed

Mohammed Shosanya Access Bank Plc,was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the