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Afreximbank Grows Assets To $19bn

Afreximbank Grows Assets To $19bn       African Export-Import Bank (Afreximbank) grew its total assets to $19.33 billion as at 30 September 2020, up 34% from $14.44 billion as at the end of last year. This was contained in the bank’s unaudited financial statements released on Monday with...

Afreximbank Records $217.06m In 9 Months

Afreximbank Records $217.06m In 9 Months       African Export-Import Bank (Afreximbank), yesterday in Cairo, Egypt, released its unaudited financial statements for the nine months ended 30 September 2020. Notwithstanding the impact of the pandemic, the Bank recorded net income amounting to $217.06 million compared to the...

Outcome of US Election Progressive Change for Americans – CISLAC

Outcome of US Election Progressive Change for Americans - CISLAC     The Civil Society Legislative Advocacy Centre (CISLAC), has said that the outcome of the United States election is a progressive change that reflects the aspirations and desires of the people of America. A statement by the...

Naira May Depreciate To 475/$, Says Rewane

Naira May Depreciate To 475/$, Says Rewane         The naira will weaken in the parallel market as oil prices stay at $40-$42 per barrel and likely depreciate to 470-475 against the dollar in November and December, the Managing Director/Chief Executive Officer, Mr Bismarck Rewane, has said. Rewane...

Fed Govt Pushes For Transparency In Oil Industry

Fed Govt Pushes For Transparency In Oil Industry       The Federal Government is seeking to bring transparency in oil industry and impose sanctions on firms that fail to, or partially publish details of their contracts as well as payments to governments and private sector annually. The Federal...

MAMA Centre Congratulates US President and Vice President-elect, Calls for Gender-inclusive Politics in Africa, Nigeria

MAMA Centre Congratulates US President and Vice President-elect, Calls for Gender-inclusive Politics in Africa, Nigeria       The Mothers And Marginalised Advocacy Centre (MAMA Centre) heartily congratulates newly elected President and Vice President of United States of America, Joe Biden and Kamala Harris on their victory from...