African Export Import Bank (Afreximbank) has provided a $150 million funding support for Heritage Bank Limited. In a statement announcing this development yesterday, Divisional Head, Corporate Communications, Olusola Longe-Okenimkpe said, “HBCL Investment Services Limited (HISL) a major shareholder of Heritage Bank Limited has executed the term sheet for the issuance […]
Money Market
CSR: Ecobank handover Ultra-Modern Lecture Theatre to Odumegwu Ojukwu University
July 26, 2016/Ecobank Nigeria Ltd Ecobank Nigeria Limited has built and handed over a 100 seater Ultra-Modern lecture theatre to the Chukwuemeka Odumegwu Ojukwu University formerly Anambra State University, as part of its corporate social responsibility (CSR) initiatives. The fully furnished theatre at the heart of the Igbariam Campus of […]
Naira at 378/dollar as analysts expect MPC action
Culled—-Punch Oyetunji Abioye with agency report The naira fell to 378 against the dollar at the parallel market on Monday, down from 375 on Friday as scarcity of the greenback continued to weigh on the local currency at both the interbank and black markets. The dollar liquidity crisis at the […]
