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Banking & Finance

DBN loans N439bn to 180 businesses

The  Development Bank of Nigeria ( DBN) has advanced more than N439 billion credit facility to over 180 businesses within four years of its existence with women and youth-owned businesses being the highest beneficiaries. The Managing Director/CEO of the bank, Mr. Tony Okpanachi, who made the disclosure during a visit of …

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Afreximbank to advance Zanzibar’s development agenda

Oluwasina Phillip African Export-Import Bank (Afreximbank) and the Revolutionary Government of Zanzibar have agreed to collaborate to industrialize and diversify Zanzibar’s economy by pursuing a sustainable and inclusive economic growth underpinned by a robust blue economy with cross linkages to priority sectors, such as, agro-processing, fisheries and aquaculture, marine trade, …

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AFREXIMBANK Opens Registration For 2022 Certificate Of Trade Finance Programm

Ololade Omosan-Agie African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and American University in Cairo, announces the opening of registration for the 7th cohort of the Certificate of Trade Finance in Africa (COTFIA 2022) programme. This is a re-modelled programme that replaces the Certificate of International Trade Finance (COFIT) …

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Bank of Industry Launches $700m Eurobond

The Bank of Industry (BOI), assisted by Rand Merchant Bank (RMB) has issued a EUR700m Eurobond by way of 144A/RegS Senior Note Participation Notes, irrevocably and unconditionally guaranteed by the Federal Government of Nigeria. According to a statement by RMB, the global coordinator and active bookrunner on the Eurobond, BOI, …

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