Access Bank Secures US-DFC $280m Financing for On-Lending to SMEs
The DFC financing for Access Bank will provide needed liquidity given the global economic downturn caused by the COVID-19 pandemic.
The DFC financing for Access Bank will provide needed liquidity given the global economic downturn caused by the COVID-19 pandemic.
The French oil major and operator of OML 59 with 40% interest in partnership with NNPC Ltd which holds 60%, announced the start of production at Ikike field in a statement issued Monday in Paris.
Musk’s tweets came after a Wall Street Journal report cited unidentified sources saying he had engaged in a brief affair with Shanahan.
Besides the high cost of aviation fuel, airlines are facing a critical challenge of sourcing forex to maintain their aircraft and acquire spares.
The federal government is considering a nationwide ban on motorcycles and mining to curb banditry.
Nigeria’s Finance Minister Zainab Ahmed sounded the alarm bells when she said the country’s debt service cost outstripped its revenue.
H9wever, Ukrainian President Volodymyr Zelenskiy doused hopes that the accord might nudge the conflict nearer a resolution.
Debt service cost outstripping the country’s revenue is an indication of dangers ahead; policymakers must implement reforms to save the economy.
Deputy Oil Minister Sylva says investors should perceive the IOCs’ divestments as opportunities, rather than threats.
The apex bank said Emefiele warned bank customers against converting the naira to dollars for electioneering purposes.
Senator Gabriel Suswam says when signed into law, the bill will also allow individuals with capacity to generate their own power and distribute.
“Before, you could lose money and nothing will happen, government could always pay, but the law now says we have no recourse to public funds.”
The resumption of the Nord Stream 1 pipeline at reduced capacity followed a 10-day maintenance break
Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop.
This follows the recent 27-month jail term slammed on the founders of the Texas-based fintech firm.
Asked what may have stopped subscriptions sliding further, the firm’s CEO said: “If there was a single thing, we might say ‘Stranger Things.'”
The money, the bank explained, would be directed towards building and equipping of over 100 classroom blocks in the less developed areas of Nigeria.
An upscale designer shop, Frontpage Luxury, is planning to expand its frontiers beyond Nigeria to meet the needs of its customers. Creative Director of the company, Charles Uzamere, said in
In June, Nigeria’s inflation rate reached a five-year high of 18.60%.
Nigeria President Muhammadu Buhari on Tuesday in Abuja unveiled the new Nigerian National Petroleum Company Limited.
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