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...
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CBN Releases Guidelines For Regulation, Supervision Of CGCs

CBN Releases Guidelines For Regulation, Supervision Of CGCs

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria.  The guidelines are contained in a circular by Ibrahim Tukur, CBN’s Director, Financial Policy and Re...
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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...
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