Author: InvestAdvocate

MFB disburses N200m loans to 2,545 customers

By Our Correspondent Wednesday, 15 Dec 2010 To facilitate the establishment of cottage industries, Mwaghavul microfinance Bank in Mangu, Plateau State, has disbursed N200m as soft loans to 2,545 customers since the year began. The bank is among 100 MFBs recently granted fresh licences by the Central Bank of Nigeria and […]

Diamond Bank lends N10bn to SMEs

By Stanley Opara Wednesday, 15 Dec 2010 Diamond Bank Plc has lent about N10bn to support small business in the country in the face of the global economic lull. The bank reiterated its support for SMEs in the country, expressing willingness to lend to small operators and boost their operations more […]

NEXIM Bank boosts solid minerals sector with N21.4bn

By Ifeanyi Onuba, Abuja Wednesday, 15 Dec 2010 The Nigerian Export Import Bank has said that a total of N21.4bn has been committed to the growth of the solid minerals sector since 2005 till date. The Managing Director of the bank, Mr. Robert Orya, who disclosed this in an interactive session […]