A member of the World Bank group, the International Finance Corporation, is collaborating with the Central Bank of Nigeria and the Ministry of Industry, Trade and Investment to establish asset collateral registry in the country. The IFC Country Manager for Nigeria, Mr. Solomon Adegbie-Quaynor, who made the disclosure in Lagos […]
Tag: IFC
Nigerian finance resurges but investors still shy
Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
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 […]