Leave a comment and share Chuks Udo Okonta Stanbic IBTC Holdings PLC, a member of Standard Bank Group, won six awards at the 2021 FMDQ Gold Awards recently. Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, emerged as the FMDQ FX Market Liquidity Provider of the year, […]
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Ecobank Group names Jubril Mobolaji Lawal as Regional Executive, Managing Director Designate for Ecobank Nigeria
Leave a comment and share Chuks Udo Okonta Ecobank Group, the leading pan-African banking group, said Jubril Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria. The Group in a statement made available to […]
Stanbic IBTC Bank appoints Sola David-Borha as Chairman
Leave a comment and share Chuks Udo Okonta The Board of Stanbic IBTC Bank PLC (“the Bank”) has announced the appointment of Mrs. Sola David-Borha as Chairman of the Board, effective 26 November 2021. Sola recently retired as Chief Executive, Standard Bank, Africa Regions. She was previously Chief Executive of […]
IATF 2021 generates US$42.1bn trade investment deals
Leave a comment and share Chuks Udo Okonta The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The latest figures captured additional data submitted by Trade Promotion Agencies […]
Afreximbank congratulates Vista Bank Group for successful expansion to promote Intra-Africa trade
Leave a comment and share Chuks Udo Okonta Afreximbank congratulates Vista Bank Group for its successful expansion to promote Intra-African trade. The EUR 59.167 million facility from Afreximbank’s Intra-African Investment supports Vista Bank’s expansion through its majority stake acquisition in VIstaGui (ex- Banque Internationale pour le Commerce et l’Industrie de […]
Stanbic IBTC Infrastructure Fund invests in 20,000MT LPG storage facility
Leave a comment and share Chuks Udo Okonta Stanbic IBTC Infrastructure Fund is delighted to announce its investment in the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal, the largest storage gas facility in Nigeria. The funding was provided to AP LPG Limited (a subsidiary of […]
Afreximbank positions creative industry as major tool for Africa’s GDP growth
*Launch of Creative Africa Nexus (CANEX) sets Durban ablaze Leave a comment and share Chuks Udo Okonta Africa’s creative industry represents a potent instrument that could grow the GDP of African countries and pull the continent’s youth out of poverty, Prof. Benedict Oramah, President of the African Import Export Bank […]
Afreximbank expands support for African trade with new multi million dollar commitments at IATF2021
Leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) on 18 November 2021 in Durban, South Africa, further consolidated its position as a leader in funding the development of trade infrastructure across Africa with the signing of four major business transactions on Day Four of the Intra-African […]
President Obasanjo advocates creation of Made-In-Africa brand to instill pride in African products
Leave a comment and share Chuks Udo Okonta The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an emblematic Made-in-Africa brand that will promote intra-African trade and boost the international export of African products. […]
Afreximbank signs US$1.04bn deal with NNPC at IATF2021
Leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded on Tuesday in Durban during the second intra-Africa trade fair, which opened on 15 November […]
