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AfDB, FCMB sign $50m Line of Credit agreement

AfDB, FCMB sign $50m Line of Credit agreement

By Elizabeth Adegbesan African Development Bank (AfDB) and First City Monument Bank, FCMB, have signed a $50 million Line of Credit agreement to increase access to finance for Small and Medium Enterprises, SMEs, and Women-Empowered Businesses (WEB) in the country. AfDB also said that it would  partner with FCMB through a technical assistance grant of $200,000 […]

eNaira: CBN onboards Keke Napep drivers, traders in Oshodi, Orile

eNaira: CBN onboards Keke Napep drivers, traders in Oshodi, Orile

Marks 1st anniversary By Emma Ujah, Abuja Bureau Chief & Elizabeth Adegbesan The Central Bank of Nigeria, CBN, in collaboration with Bizi Mobile Cashless Conduct has onboarded Keke Napep drivers and traders in Oshodi market on the eNaira platform to drive it’s adoption in Lagos State.  The eNaira is a CBN issued digital currency that provides a […]