New Country Partnership Framework discussed and $1.5 billion approved for social protection and strengthened state-level COVID-19 response December 15, 2020/World Bank The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a $1.5-billion package to help build a resilient recovery post-COVID19. […]
Updates
International Islamic Trade Finance Corporation launches its Letter of Credit Confirmation Facility
Under the new LC Confirmation Product, ITFC will be partnering with financial institutions to serve private secotor/Small and medium-sized enterprises (SME) clients trade finance needs December 15, 2020/ITFC The International Islamic Trade Finance Corporation (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, launched its new standalone LC Confirmation instrument […]
Nigeria’s Total Capital Importation Hits $1.461.49 Million in Q3 2020-NBS
December 15, 2020/NBS The total value of capital importation into Nigeria stood at $1,461.49m in the third quarter of 2020. This represents a increase of 12.86% compared to Q2 2020 and -74.03% decrease compared to the third quarter of 2019. The largest amount of capital importation by type was received through Other investment, which accounted for 43.75% ($639.44m) of total capital importation, followed […]
