02/24/2021

Standard Chartered introduces COVID-19 support for entrepreneurs

Speaking on the project, the Head of Corporate Affairs, Brand and Marketing, Standard Chartered Bank Nigeria, Dayo Aderugbo, said, “It is with great pleasure that we launch the Youth Business International initiative in Nigeria today in collaboratio

02/23/2021

Kenya plans debt fund to avoid biting cash crunch

Regulation 206 (1) of the Public Finance Management (PFM) Regulations 2015 allows Treasury secretary Ukur Yatani to create a “ Sinking Fund” for redemption of loans and government securities.

02/22/2021

African Union to Set up Infrastructure Fund

The 55-nation AU is now turning to sovereign wealth funds, insurance and retirement funds in countries like South Africa, Angola, Nigeria Morocco, Egypt and Kenya, to raise the cash.

02/16/2021

Fidelity Bank issues N41.21b Tier II Local Bonds

Last December, the bank had announced plans to issue fixed income securities with 10-year tenor to support the growth and development of Small Medium Enterprises (SMEs), retail business as well as its technology infrastructure.