By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – Banks loan to the oil and gas sector of the Nigerian economy is estimated to have reached $5.7 billion within the past five (5) years, Austin Avuru, chief executive officer (CEO) of the first dual listed Nigerian oil and gas upstream firm, Austin […]
Tag: Loans
Nigeria seeks cheap loans from international agencies – finance minister
Fri Feb 5, 2016/Reuters Oil producer Nigeria wants to tap financing at “concessionary rates” as low as 1.5 percent from international agencies to fund infrastructure projects before returning to the eurobond market, its finance minister said on Friday. Tumbling oil prices have hit Nigeria’s finances hard, and yields on the […]
Union Homes denies allegations by striking workers
Union Homes Savings and Loans Plc has said allegations of financial impropriety and anti-labour activities levelled against it by the chapter of the Association of Senior Staff of Banks, Insurance and Financial Institutions are false. Workers under the aegis of ASSBIFI have been picketing the headquarters of the financial institution […]
