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SA – African Bank CEO resigns
Gustav Raubenheimer appointed as interim CEO. Basani Maluleke has resigned as the African Bank Group’s CEO and as an executive director of African ...
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Pacific island nations turn to Beijing-backed AIIB as pandemic sinks economies
Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional western ...
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N1.3b debt: AMCON takes over Inducon Nigeria’s assets
The Asset Management Corporation of Nigeria (AMCON) at the weekend took over an asset belonging to Dr. John Warimeme Abebe, the Chief Promoter ...
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Cryptocurrency makes World Economic Forum’s Davos Agenda
The World Economic Forum’s Davos Agenda featured two separate sessions on cryptocurrency, offering another compelling sign that digital assets have permeated mainstream consciousness. ...
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French tech firm Schneider Electric tops global league of green firms
A Paris-based tech company has seen off competition from the world’s best-known green businesses to be named the most sustainable corporation on the ...
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Fidelity Bank hosts National Capacity Building webinar for SMEs
Fidelity Bank Plc, top Nigerian lender, is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country. ...
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CBN disburses N1.8trn for development financing
The Central Bank of Nigeria, CBN, said it disbursed N1.79 trillion for financing development in nine schemes from January to September 2020. This ...
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Ecobank Nigeria secures N50 billion 10-Year subordinated loan
Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated (‘’ETI’’) has announced that it has secured a N50 billion, 10-year bilateral subordinated loan. This ...
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Bahrain central bank licenses Sharia-compliant crypto exchange
CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired ...
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UN: Foreign direct investment inflows to Nigeria dropped by 21.21 percent in 2020
Foreign direct investment (FDI) inflows to Nigeria declined by 21.21 percent in 2020. According to the global investment trends monitor report released by ...