By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said the Japanese economy is expected to grow to 2.0 percent (2.0%) in 2013, mainly as a result of the new fiscal stimulus and monetary easing feeding through to private consumption and with some lag to investment. This is […]
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GTBank, Mainstream Energy seal $170m financing facility
mainstream Energy Solutions Limited has signed a $170m medium-term syndicated acquisition facility to part-finance the concession of the Jebba Power Station and Kainji Power Station, both of which are owned by Kainji Hydro Electric Plc. The syndication, which was carried out on Friday, was fully underwritten by GTBank, which also […]
CBN guarantees N25bn agric loans through NIRSAL
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, introduced July last year, has guaranteed N25bn of agricultural loans, latest data from the Central Bank of Nigeria has shown. This has effectively lifted lending to the sector to four per cent of banks’ total loans, from the average of 1.5 […]
