Money

Afrigopay launches instant credit for PoS transactions, enhancing merchant cash flow

DailyTimesNGR DailyTimesNGR 22 August 2024 0

The instant settlement which provides merchants with instant credit for transactions, thereby enhancing cash flow and reducing risks associated with delays or disputes, marks a significant advancement in the global payment landscape. Speaking on the development, the managing director and chief

Money

‘How credit to corporate sector increased in Q2 2020’

Ihesiulo Grace 9 September 2020 0

By Motolani Oseni Credit to the corporate sector increased in the second quarter (Q2) 2020 and is expected to increase further in the third quarter (Q3) of 2020, the Central Bank of Nigeria (CBN) Credit Survey has revealed. The CBN in its latest “Credit Conditions Survey Report,” said the increase was driven by changing sector-specific […]

Business

2020: Economist tasks CBN on credit expansion policies for private sector

Ihesiulo Grace 3 January 2020 0

Lagos – An economist, Prof. Sheriffdeen Tella on Friday urged the Central Bank of Nigeria (CBN) to pursue policies geared toward credit expansion for private sector in 2020. Tella, Professor of Economics, Olabisi Onabanjo University, Ago-Iwoye, Ogun said this in an interview in Lagos. He urged the CBN to put in place policies that would […]

Agriculture Nigeria

Edo govt, CBN devote N500m to de-risk agric investments

Ihesiulo Grace 14 December 2017 0

The Edo State Government in collaboration with the Central Bank of Nigeria, CBN, has initiated a N500 million Commercial Agricultural Credit Scheme, CACS, to de-risk investments in agriculture in the state. This was disclosed in a statement on Friday by the Special Adviser on Media to the Governor of Edo State, Crusoe Osagie. The statement […]

Business

World Bank Okays US$500 Million to Improve Maternal, Child Health

Ihesiulo Grace 27 April 2015 0

  The World Bank Group’s Board of Executive Directors have approved a US$500 million International Development Association (IDA) credit to significantly improve maternal, child, and nutrition health services for women and children. By improving access to higher quality health services, the new development financing will help Nigeria to achieve its “Saving One Million