Microfinance Banks Record 82% Boom in Lending in 2020
Microfinance Banks in Nigeria recorded an 82% boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020. This is according...
Latest SAMSA Algoa Bay Scandal Includes Trafigura Involvement
A latest scandal on SAMSA’s licensing in the Algoa Bay region includes the involvement of global commodity trading Trafigura, which owns a 51% local...
ITFC and the Republic of Cameroon Sign a US$750 Million Three-year...
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed...
CRDB Set for Islamic Banking by Midyear
CRDB Bank is set to establish an Islamic banking window in two months, it has been learned. The managing director, Abdulmajid Nsekela said this...
DMO Reveals what Infrastructure Sukuk Fund is Financing
The Debt Management Office revealed that Sukuk funding is currently rehabilitating the Outer Marina Road which is a major road connecting Lagos Island to...
Nigeria’s Government Lists 163 Bln Naira Sovereign Sukuk
The Federal Government has listed its N162.56 billion Sukuk on the Nigerian Exchange (NGX) Limited, paving the way for investors to trade on the...