COVID-19: UN Offers Nigeria $250m Support         Nigeria is to get about $250 million, following the launch of the United Nations (UN) Plus Offer for Socio-Economic Recovery. The UN Plus Offer, which was launched at the Presidential Villa, Abuja, and attended by the UN Deputy Secretary-General, Hajiya...

AfDB To Invest $250m On Water, Sanitation In FCT   The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital Territory (FCT) water and sanitation integrated project to improve water supply and sanitation in the satellite towns. The Senior Director of...

NEC Approves Extra $250m Investment In NSIA   The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo has approved the investment of an additional $250million into the Nigerian Sovereign Investment Authority (NSIA). The NSIA Managing Director/Chief Executive Officer, Mr Uche Orji, who briefed State...

AfDB Seals $250m Deal For Region’s Trade Financing   African Development Bank (AfDB), in its push, to facilitate inter and intra Africa trade, and reduction of trade financing gap on the continent sealed a new deal worth $250-million. Tagged: “Risk Participation Agreement (RPA) facility, the continent’s largest...

CBN Pumps $205m Into Forex Market The Central Bank of Nigeria, on Tuesday, injected the sum of $205m into the inter-bank foreign exchange market in its continued push to sustain liquidity. Figures obtained from the CBN indicated that authorised dealers in the wholesale segment of the...

Access Bank To Raise $250m For Tier II Issuance Ahead of preparations to create the largest financial institution in Africa with a robust capital buffer, Access Bank Plc has finalised terms to raise $250 million Tier II capital issuance, which will be available for draw...