Business News

AfDB approves US$20 million facility to boost lending to SMEs in Liberia

May 17, 2018/AfDB The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan, approved by the Board of Directors of the Bank on Wednesday, May 16, 2018, is a trade finance package for three Liberian commercial banks: Liberian […]

Executive Summary of Changes to CAMA

Culled—Proshare 15/5/2018/Nigerian Senate Executive Summary Background  The Companies and Allied Matters Decree No. 1 of 1990 was promulgated to repeal the Companies Act of 1968. Since its promulgation into law, the now Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004 (the Act) is now […]

ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player

ADNOC to create the world’s largest integrated refining and petrochemicals complex in Ruwais, UAE Creation of new partnership and investment opportunities to enable ADNOC to further stretch value of every barrel produced and leverage growth in demand for higher-value downstream products Downstream strategy expected to add more than 15,000 jobs […]