Kindly leave a comment and share Stanbic IBTC Nominees, a subsidiary of Stanbic IBTC Bank, has been honored with the prestigious Best Sub-Custodian Bank Award in Nigeria at the 2023 Global Finance Awards. This feat marks the 15th time the Bank has received this esteemed honour, reaffirming its commitment to […]
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A time not to be sick
Tope Adaramola When the then Brigadier Sanni Abacha, in justification of the 1983 military porch that overthrew the civilian government of Alhaji Shehu Shagari described the country’s hospitals condescendingly as “mere consulting clinics” many jeered at his submission and those of his fellow jackboots for over exaggeration or for literally […]
Afreximbank signs pact with Ghana to develop Western Railway Corridor
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a project preparation facility Head of Terms agreement and Pre-Mandate Letter to finance the development and implementation of an integrated 299-kilometer (“km”) standard gauge […]
Afreximbank launches Africa Trade Gateway, single window for digital services
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank), in collaboration with the AfCFTA yesterday in Accra launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its […]
Ecobank Group, PAPSS Partner to enhance cross-border payment across Africa
*Jeremy Awori, Chief Executive Officer of Ecobank Group, and Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana. Kindly leave a comment and share Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have […]
ARISE, AFREXIMBANK sign US$400m facility for industrial parks
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) today in Accra signed a term sheet for a US$400 million tranche under a proposed US$1 billion global credit facility to support ARISE IIP in the development of industrial […]
Dangote, Ethiopian Airlines, First Bank bag Afreximbank Pan-African Business and Development Awards
Kindly leave a comment and share Chuks Udo Okonta -The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year -Aliko Dangote GCON, Chairman & CEO of Dangote Group wins the Afreximbank Founder of the Year Award having recently opened his $19bn petrochemicals plant and […]
Afreximbank’s annual meetings 2023 opens in Accra with calls for more intra-African trade
Kindly leave a comment and share Chuks Udo Okonta The 30th Annual General Meetings of the African Export-Import Bank (Afreximbank) opened in Accra today with speakers highlighting the need for Africa to boost intra-African trade and integration in the face of the challenges resulting from the impact of the global […]
Ecobank Group launches 2023 edition of Fintech Challenge with $50,000 cash prize
*The 2023 Ecobank Fintech Challenge applications have been opened for both early-stage and mature start-ups to partner with Ecobank across its 35 African markets. *The winning Fintech will take home $50,000 in prize money. *This will be the 6th edition of the Fintech Challenge. Kindly leave a comment and share […]
Telecom sector contributes N2.508tn to Nigeria’s GDP in Q1 2023
Kindly leave a comment and share Chuks Udo Okonta The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to the nation’s gross domestic product (GDP), representing 14.13 per cent. A statement by Director, Public […]