Tag: IFC
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IFC, CBN partner on private sector growth through Naira financing
The International Finance Corporation, IFC, a member of the World Bank Group, and the Central Bank of Nigeria, CBN, have signed an agreement to increase local currency financing to enable private businesses in Nigeria to grow and thrive. The partnership will allow the IFC to manage currency risks and increase its investments in the Naira…
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Osinbajo leaves for Africa CEO forum in Abidjan
Vice President Yemi Osinbajo departed Abuja on Sunday for Abidjan, Cote d’Ivoire, to participate in the annual summit of the Africa CEO Forum. The vice president will participate in the event alongside other leaders in the continent and beyond.
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Edo, CBN partner on development of 100,000-hectare plantation
Edo State Governor, Mr. Godwin Obaseki has said that the state government is in discussions with the Central Bank of Nigeria (CBN) to develop a programme that will see investors taking up 100,000 hectares of agricultural land in the state for plantation development. The governor said this when he met with a delegation from the…
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SEC partners IFC, AFDB on Sukuk investment
The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AFDB) for development of Sukuk bond investment. Ms Mary Uduk, SEC new Acting Director-General said that the commission would engage with IFC, AFDB, state governments and Federal Mortgage Bank to include Sukuk option in their…
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Bayowa, IFC at war over Moji Olaiya burial video
Following the burial rites of Moji Olaiya, the recording and production of her burial ceremony by Bayowa Films is still generating unfathomable controversy. The Ibadan Film Circle, an online stakeholders’ forum, articulated disgust at the decision of the company founded by controversial film marketer, Gbenga Adewusi, to produce it. Thespians and producers like…