25/4/2016/Reuters The Nigerian government will allow cash-strapped states to defer deductions for loans in March so that they will have sufficient funds to pay salaries, the finance ministry said on Monday. The government will instead make loan repayments to bondholders on the states’ behalf, the ministry said. Deductions of 10.9 […]
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AfDB’s approval of US $25-million Trade Finance Facility to CABS to boost Zimbabwe’s local firms
25/4/2016/AfDB The Board of Directors of the African Development Bank (AfDB) approved a US $25-million Trade Finance Line of Credit facility to Central Africa Building Society (CABS) of Zimbabwe on April 20, 2016. This medium-term facility will help to support the expansion of CABS’ operations as a provider of trade […]
Access Bank Grows 2016 Q1 Profit by 42% to N19.4bn
25/4/2016/Access Bank Plc Access Bank Plc, the full service commercial bank with headquarters in Nigeria with operations across Sub-Saharan Africa, the UK, Asia and the Middle East, has announced its unaudited results for the period ended 31 March 2016, showing 42% increase in Profit After Tax. Access Bank maintained its […]
