Fund Archives — Page 2 of 2 — City Business News

August 2, 2020 No Responses

The Sovereign Wealth Fund And The Urgency For Economic Diversification

Delivered By Olusegun Aganga, CON, At The EY Alumni Event 1. OPENINGFirst, I must thank the EY Alumni and the organising committee for asking me to speak at this inaugural event. I have declined to speak at many events since I...

April 5, 2020 No Responses

COVID-19: Nigeria Seeks N’Assembly’s Approval For N500b Intervention Fund

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund. Mrs Zainab, with...

April 2, 2020 No Responses

COVID-19 Relief Fund Hits N15b

The Central Bank of Nigeria (CBN) on Wednesday disclosed that monetary contributions to its relief fund under the auspices of Private Sector Coalition Against COVID-19 (CACOVID) stood at N15 Billion. CBN Director of Corporate Communications, Isaac Okorafor, ex...

December 8, 2019 No Responses

Capital Market Experts Outline Ways To Fund Nigeria’s Infrastructure Deficit

An investment banker and Head, Debt Capital Markets, FBNQuest Merchant Bank Limited, Mr Oluseun Olatidoye, has stressed the need for sound macroeconomic and policy frameworks to enable the capital market attract investors to fund infrastructure projects ...

October 6, 2019 No Responses

Insurance Sector Life Annuity Fund Portfolio Hits N323b

The Insurance sector life annuity fund portfolio stood at about N323 billion at the end of the second quarter of 2019. The information was made available by Mr Rasaq Salami, Head, Commissioner for Insurance Directorate of the National Insurance Commission...

August 20, 2019 No Responses

NSE Lists Greenwich Trust ETF

The Nigerian Stock Exchange (NSE) has listed Greenwich Alpha ETF on its Daily Official List. The Greenwich Alpha ETF units were listed at N100 each following an Initial Public Offer (IPO) on Monday, August 19, 2019. Greenwich Alpha is an...

July 27, 2019 No Responses

UBA Pledges More Funding For SMEs

The United Bank for Africa Plc (UBA) has pledged more funding for the growth and development of Small and Medium Scale Enterprises (SME’s) in Africa. The General Managing Director, UBA, Mr Kennedy Uzoka disclosed this on Friday in Abuja at...

January 16, 2019 No Responses

Firm To Finance New Ships With $240m Loan

Norwegian shipowner 2020 Bulkers has signed a USD 240 million deal for the post-delivery financing of its newbuilding program. The financing facility, agreed on January 11, carries an interest of Libor+250 bps. It has an 18-year repayment profile for...

October 21, 2016 No Responses

AfDB approves $40m loan for Afe Babalola University

The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. According to the.....