IFC partners Coronation Merchant Bank to boost trade finance in Nigeria

IFC partners Coronation Merchant Bank to boost trade finance in Nigeria

IFC, a member of the World Bank Group, today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program. This will enable Coronation Merchant Bank to establish and expand correspondent banking partnerships with several international banks in IFC’s Trade Finance program, broadening access to finance in Nigeria. […]
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States’ unclaimed UBE funds

States’ unclaimed UBE funds

FORMER Governor of Kwara State, Abdulfatah Ahmed, was a profound example of governors who failed to provide the counterpart funding of the Universal Basic Education, UBE, scheme. The state was unable to draw down N7.1bn worth of the UBE funds during his eight years tenure. The UBE facility was created by the Olusegun Obasanjo administration […]

Corona or Ebola, virus is virus, because it’s virus

Corona or Ebola, virus is virus, because it’s virus

In my first year in Virology class, the lecturer asked: “What is a virus?” Silence. You could hear a pin drop. The lecturer, unmercifully, went on to say that in the beginning, viruses were minding their own business until man, with his busybody nature, decided to disrupt the system.

Encomium as Omolara, 12 baskets CEO turn 40

Encomium as Omolara, 12 baskets CEO turn 40

It was an atmosphere of joy as friends, families, relatives and staff of 12 Baskets Foods poured encomiums on Mrs Omolara Afolaranmi, Chief Executive Officer of the company as she joined ruby jubilee club