By InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Africa’s richest man, has teamed up with Kaduna and Kebbi two (2) Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a Reuters report on Thursday quoted Nasir El-Rufai, the governor of Kaduna State. According to the report, governor El-Rufai […]
Tag: Bank of Industry
BOI To Start Disbursement Of $500m Fund
The Bank of Industry (BoI) on Friday announced that it would soon commence the disbursement of the African Development Bank’s $500 million (N80 billion) fund to industrialists in Nigeria. This is even as the bank put the total loan disbursement across various sectors of the Nigeria economy within two years […]
50% CRR: CBN exempts AMCON, BoI, others
Barely one month after the Central Bank of Nigeria ordered the Deposit Money Banks to keep 50 per cent of public sector funds with it, the apex bank has granted exemption to some government institutions, including the Asset Management Corporation of Nigeria and Bank of Industry. Others affected by the […]
