13 results
- 8 Jun 2013
Okonjo-Iweala says Nigeria Owes $6.7Bn
Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy and minister of Finance, has put the nation’s external debt at $6.67 billion while the country spent some $8. billion to service debt in…
- 1 Mar 2017
DBN will Catalyse SMEs’ Growth, Adeosun
Mrs. Kemi Adeosun, minister of Finance, has stated that the Development Bank of Nigeria (DBN) is being positioned to galvanise the Small and Medium Scale Enterprises (SMEs) sector for the overall…
- 28 Nov 2024
UBA Group Sets Foot in France with Full Banking Services
As part of President Bola Ahmed Tinubu's state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a…
- 4 Feb 2025
FEC Approves ₦758 Billion Bond to Clear Pension Liabilities
Federal Executive Council (FEC) has approved the issuance of a ₦758 billion bond by the Debt Management Office to clear the backlog of pension liabilities for all categories of pensioners. The…
- 13 Nov 2023
AfDB to Disburse $618m to Nigeria for Startup Funding
The African Development Bank (AfDB) said it has finalised arrangements to disburse the sum of $618 million for the implementation of Nigeria’s investment in the digital and creative enterprise…
- 7 Feb 2019
UBA Extends Africa Footprint, Commences Full Operations in Mali
United Bank for Africa (UBA) Plc, pan African financial institution has commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking…
- 16 Oct 2020
Digital Africa Secures €130m Funding for African Start-ups
Digital Africa has secured €130 million in funding from the French government, to support African start-ups. Launched in 2018 by the French Development Agency, Digital Africa’s mission is to promote…
- 6 Apr 2017
FG Approves $1.3Bn Take-off Grant for Development Bank of Nigeria
The Federal Executive Council has approved a 1.3 billion dollars loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the heels of a memo submitted by…
- 5 Mar 2014
US Freezes Abacha’s $458m Loot
United States said Wednesday it had ordered a freeze on $458 million in assets stolen by former Nigerian dictator Sani Abacha and his accomplices and hidden in European accounts. The Justice…
- 30 Mar 2017
CBN Grants National License to DBN
The Central bank of Nigeria (CBN) has granted a national license as a Wholesale Development Finance Institution to the Development Bank of Nigeria (DBN) Plc. As a wholesale bank, the DBN will lend…
- 13 Mar 2018
AfDB Signs Deal with ISA to Propel Solar Development in Africa
In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar energy in…
- 18 Feb 2017
REDTV Extends Presence to Francophone Africa, Premiers Boutique Hotel
REDTV, a dynamic online lifestyle channel that puts the spotlight on Africa with a distinct global appeal,launched its Francophone version on Thursday. The fun-filled event, supported by the…
- 22 Mar 2024
National Economic Council Endorses $617m Digital Enterprises Programme
National Economic Council (NEC) has endorsed the implementation of the $617.7 million Investment in Digital and Creative Enterprises (i-DICE) programme in the 36 states of the federation and the…