30/3/2018/CBN Executive Summary Supply: The availability of secured credit to households increased in Q1 2018 and was expected to increase in the next quarter. Favorable economic outlook was the major factor for the increase in the secured credit. Lenders reported that the availability of unsecured credit to households increased in […]
Business News
Jaiz Bank, Islamic Development Bank Sign $20m SMEs Financing Deal
Culled—Proshare April 3, 2018/ NBCC / The Nation Jaiz Bank Plc and Islamic Corporation for the Development of Private Sector (ICD), the development arm of Islamic Development Bank (IDB), yesterday signed a $20 million line of agreement to finance Small and Medium Sized Enterprises (SMEs) in Nigeria. The financing deal […]
Alibaba to Buy Remaining Shares in Food Delivery App Ele.me
1/4/2018/US News (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of Ele.me, a major platform in China’s food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers. Alibaba and affiliate Ant Small & Micro Financial Services […]
