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OECD

08

Aug
Latest News

The Central Bank of Nigeria Advises Manufacturers To seek Loans From Organizations That Fund Development

The Central Bank of Nigeria has recommended the Manufacturers Association of Nigeria (MAN) to seek finance from development financing institutions such as the Development Bank of Nigeria and the Bank of Industry. Mr. Eboagwu Ezulu, Deputy Director, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), disclosed this […]

04

Jul
Latest News

AMCON Retrieves N1.4 Trillion From Uncooperative Bank Debtors

The Asset Management Corporation of Nigeria has recovered nearly N1.4 trillion from obstinate debtors of Nigerian banks. Ahmed Kuru, AMCON’s Managing Director/Chief Executive Officer, stated this at a House of Representatives Committee on Banking and Currency retreat with AMCON management and other stakeholders. He stated that the Corporation has recovered[…]

24

Jun
Latest News

The African Development Bank Will Develop Investment Banks For African Youthful Entrepreneurs

Akinwumi Adesina, President of the African Development Bank (AfDB), announced on Wednesday that the multilateral lender would soon establish investment banks for young entrepreneurs on the continent. Speaking at the Commonwealth Business Forum in Kigali, Rwanda, Adesina questioned the structure of the continent’s existing commercial banks. He claimed that Africa’s[…]