Updates

FBN Holdings Total Assets Hits N5.1 Trillion up 21.6%

October 26, 2016/FBN Holdings Plc FBN Holdings Plc. (“FBNH” or “FBN Holdings” or the “Group”) today announces its unaudited results for the ninemonths ended 30September 2016. Income Statement                                                         Gross earnings of N3 billion, up 7.0% year-on-year(y-o-y) (Sept 2015: N390.0 billion) Net-interest income of N9 billion, up 5.2% y-o-y(Sept 2015: N192.9 […]

IMF Managing Director Christine Lagarde Discusses Economic Outlook and Policy Priorities with Saudi Arabia and other GCC Countries

October 26, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of a visit to Riyadh, Saudi Arabia: “It has been a great pleasure to visit Riyadh, Saudi Arabia, where I had the privilege of meeting His Majesty King […]

AfDB with GEF helps to harness the potential of Africa’s transboundary water resources

October 26, 29016/AfDB On October 25 at the Global Environment Facility (GEF) Council meeting, the GEF approved the funding of USD 6.3 million for a regional project co-financed with the African Development Bank (AfDB). Funded by the International Waters (IW) window of the GEF, the project aims to strengthen transboundary […]