World Bank
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Finance
Afreximbank, ITFC Ratify US$250m Finance Facility To Support Africa
African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), signed a US$250 million facility to provide funds…
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Finance
CBN Mints 500m eNaira, As Nigeria Launches Digital Currency
The Central Bank of Nigeria (CBN), said it has successfully minted 500 million eNaira to kickstart the Digital Currency Initiative…
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Finance
Buhari To Unveil eNaira On Monday -CBN Announces
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on…
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Finance
DMO Debunks Report Of Nigeria Being Among High-Debt Risk Nations
The Debt Management Office (DMO) has debunked report on national daily that Nigeria was among the high-debt risk nations, as…
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Power: TCN, W/Bank To Train 708 Electrical Engineers, Linesmen
Apparently hit by shortage of technical manpower, the Transmission Company of Nigeria, TCN, has commenced an intensive training program for…
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Finance
World Bank, AVATT Collaborate To Deploy Vaccines For 400m Africans
The President of the World Bank, Mr David Malpass, and his senior management team comprised of Dr Axel van Trotsenburg…
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Finance
AfDB Launches AUD$600m Kangaroo Social Bond
The African Development Bank launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian dollar…
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Entertainment
Afreximbank Records US$87.3m Net Income In Q1, 2021
African Export-Import Bank (Afreximbank) today, in Cairo, released its unaudited financial statements for the three months ended 31 March 2021,…
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Finance
CBN Removes All Directors Of First Bank, Calls For Calm
The Central Bank of Nigeria (CBN) has approved the immediate removal of all directors of First Bank Nigeria Limited and…
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Power
FG Questions Accuracy Of World Bank Survey On Power Situation In Nigeria
The Federal Government has questioned the report of a survey conducted by the World Bank which claimed that 78% of…
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