The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…
PICTURE ABOVE CREDIT: NEXIM Bank The Nigerian Export-Import Bank (NEXIM), on Friday said that it does not fund political activities under any guise, but only grant loans to support export-oriented projects in the country. Ms Lohya Mamven, Corporate Communications Department, NEXIM Bank said this in a statement issued in Abuja. Mamven said that the explanation Read More…
Union Bank of Nigeria (UBN), said on Friday that it would provide potable water to the six geo-political zones in the country as part of its support and Corporate Social Responsibility to Nigerians. Mrs Ogochukwu Ekezie-Ekaidem, Head, Strategic Corporate Communications and Marketing, UBN, made the disclosure at a Virtual Media briefing organised for Financial Correspondents Read More…
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its Company Secretary. It said the acquisition plan would be consummated through its Zambian subsidiary, Access Read More…