Ecobank Secures €100m Credit Facility From EIB

Ecobank Secures €100m Credit Facility From EIB

By Moses Ebosele, ebosele@hotmail.com   Ecobank Group has signed €100 million credit facility with the European Investment Bank (EIB).    A statement explained that the six year facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular...
read more
Zenith Bank MD Implores MSMEs On Compliance To Principles Of Credits

Zenith Bank MD Implores MSMEs On Compliance To Principles Of Credits

Zenith Bank Plc, has advised Micro, Small and Medium Enterprises (MSMEs) to be conversant with the five principles of credits as part of measures to boost chances of accessing funding facilities.  The Group Managing Director of the bank, Mr Ebenezer...
read more
CBN Begins Registration Of More Financial Institutions On Credit Management Platform

CBN Begins Registration Of More Financial Institutions On Credit Management Platform

The Central Bank of Nigeria (CBN) has started the registration of “Other Financial Institutions’’ (OFIs) on its Credit Risk Management System (CRIMS) to improve credit risk management.  “Other Financial Institutions’’ are Development Finance I...
read more
CBN Pledges Increased Access To Credit In 2021

CBN Pledges Increased Access To Credit In 2021

Nigerian households will most likely have improved access to credit beginning from the first quarter of 2021, the Central Bank of Nigeria (CBN) has said  The Credit Condition Survey Report released by the Statistics Department of the apex bank has...
read more