Author: InvestAdvocate

N220bn Fund: CBN, IFC To Create Moveable Collateral For Women

As part of efforts to make credit more accessible for women, the  Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), an arm of the World Bank say they are working together to create non-physical collateral for women. Speaking at the International Sustainability Forum in Lagos yesterday, CBN […]

Non-compliance with sustainable banking principles’ll attract sanctions’

The acting Governor, Central Bank of Nigeria, Dr. Sarah Alade, on Monday said that non-compliance with the nine sustainable banking principles by banks in the country could lead to sanctions. She, however, said the central bank had yet to set any specific deadline for compliance because the concept was still […]

Forbes names Dangote 23rd richest in the world

Foremost Nigerian industrialist, Aliko Dangote, on Monday made history by becoming the first black man to break into the rank of top 25 richest people in the world. His wealth jumped to $25bn from $16.1bn in 2013, according to Forbes magazine’s list of the richest people on earth. Dangote, who […]