March 17, 2016 The African Development Bank Group announced on 16 March a US$ 24 million loan to support Rwanda’s contribution to the development of the Multinational Ruzizi III Hydropower Project. The project is a joint initiative of the three Great Lakes Region countries – Burundi, Democratic Republic of Congo […]
Tag: InvestAdvocate
Reps probe secret recruitment of 909 employees by CBN
March 18, 2016/Punch The House of Representatives on Thursday began an investigation into the alleged ‘secret’ recruitment of 909 employees by the Central Bank of Nigeria. The controversial recruitment was reportedly carried out by the apex bank on the directive of the Governor, Mr. Godwin Emefiele, with a reasonable number […]
Zenith Bank Forecast 0.3% Pretax Profit Increase for 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one (1) lender, Zenith Bank Plc said on Thursday it expects pretax profit of N126 billion in year 2016 a marginal 0.3 percent increase from N125.6 billion recorded last year, according to a Reuters report. According to the report, the Bank said it expects loan […]
