Access Bank Plc has restated its commitment to sustainable banking practices that stimulate economic growth and development. The Bank in celebration of…
Finance
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Despite the huge losses and catastrophe that hit the insurance sector, African Reinsurance Corporation’s premium income for the 3rd quarter 2018 represents…
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The African Risk Capacity (ARC) has received the approval of African Development Bank (AfDB) for Africa Disaster Risk Financing, ADriFi. The ADRiFi programme…
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Insurance, other financial service sectors payment declined to N236.9 billion in 2017, according to the Central Bank of Nigeria. A breakdown of…
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The Federal Government is considering approaching the capital market to raise funds to set up an education bond to finance infrastructure in…
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has started investigations into an alleged misappropriation of N2.5 billion seed grant…
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EconomyFinanceNews
AfDB to play bigger role in African economies through infrastructure private equity
The Board of Directors of the African Development Bank has approved its third equity investment of $40 million in Africa Infrastructure Investment…
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In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday,…
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The Economic and Financial Crimes Commission(EFCC) has boosted the Federal treasury with the sum of N1.37 billion, which no one stepped out…
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The House of Representatives committee on Maritime is investigating 12 foreign shipping firms’ local agents accused of diverting $300 million federal government fees for…
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EconomyFinanceNews
Borrowing by low, middle-income economies more than tripled in 2017—World Bank Report
Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the…
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Federal Government is muting the idea of setting up another Peoples Bank. This time it is to boost Small and Medium Scale…
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Ghana will seek to raise as much as $750 million through a sale of shares in a fund that will hold the…
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The downtrend in the domestic equities market was sustained in today’s session as the benchmark index slid 0.8% to settle at 32,108.92…
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The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021.…