By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) -The Central Bank of Nigeria (CBN) has unveiled a document on its proposed financial inclusion strategy. The CBN in its executive summary of the document said it intends with other stakeholders to implement the financial inclusion in a way that there will be reduction […]
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IFC to Invest $2 billion in China’s Interbank Bond Market
By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- The International Finance Corporation (IFC) a member of the World Bank Group, Thursday said it will invest about $2.0 billion (12 billion yuan) in China’s interbank bond market. This is coming on the heels of an agreement between the IFC and People’s Bank of […]
Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]
