By with agency report, 06.23.2010    African Development Bank (AfDB) has extended $100 million line of credit to Guaranty Trust Bank (GTBank) to fund projects in Nigeria.     According to Reuters report, GTBank intends to fund projects in Nigeria in the oil, manufacturing and transport industries.AfDB was reported […]

  From Onyebuchi Ezigbo and Paul Obi in Abuja, 06.24.2010    In a move to expand the scope of investment among developing countries, the Federal Government is to host D-8 Summit, a group of developing countries,  in Abuja next month.     This was made known yesterday in Abuja during […]

  WEDNESDAY, 23 JUNE 2010 01:12    Efforts by government agencies to address problems associated with lending and the naira value have so far worked in the official markets, but little ripple effects are seen in real terms of it or what some also refer to as unofficial markets.   […]