Money Market

Financial Empowerment: UBA Launches ‘Click Credit’ to Ease Access to Cash for Customers

February 22, 2020/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank. As a bank backed by a strong retail franchise with over 1,000 business […]

CBN Releases List of DMBs, Financial HoldCos as at December 31, 2019

February 19, 2020/CBN Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday published the list of licensed Deposit Money Banks (DMBs) and Finance Holding Companies operating in Nigeria as at 31st December 2019.  Currently, there are 33 Deposit Money Banks (DMBs) and Finance Holding Companies in Nigeria as at December, […]

Standard Chartered arranges a $1.46 billion financing to fund the Standard Gauge Railway Project

February 14, 2020/Standard Chartered The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered (SC.com) Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora. Running approximately 550 kilometres […]