35 h. ago ‘I Am Honoured, Excited’, Dangote Reacts To World Bank Appointment

The President and Chief Executive of the Dangote Group, Aliko Dangote, has confirmed his appointment to the World Bank’s Private Sector Investment Lab, which is responsible for enhancing investment and creating jobs in emerging economies. In a statement confirming his acceptance, Dangote reiterated his dedication to promoting sustainable economic growth through private sector-driven investments, emphasising […]

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42 h. ago Dangote Joins World Bank’s Investment Lab To Boost Job Creation

President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank Group’s Private Sector Investment Lab (PSIL) the group moved into the next phase of its focus on implementing large-scale, job-generating investments in emerging markets. The PSIL has identified five strategic pillars—regulatory and policy certainty, political risk guarantees, foreign […]

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64 h. ago World Bank names Dangote member private sector investment Lab

The World Bank Group said it has added Aliko Dangote, President/CEO, Dangote Group, and others, as new members of the read more World Bank names Dangote member private sector investment Lab

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1 week ago FG to partner international agencies for power sector growth –Adelabu

From Isaac Anumihe, Abuja The Federal Government has said it was willing to partner international agencies and other reputable organisations in a bid to lay a solid foundation for a stable, reliable, and effective power supply for Nigeria. Minister of Power, Mr .Adebayo Adelabu, disclosed this when he hosted a team from the World Bank […] The post FG to partner international agencies for power sector growth –Adelabu appeared first on The Sun Nigeria.

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1 week ago $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

…says investors responding to FX stability Abuja|| As the race for bank recapitalisation intensifies, the Central Bank of Nigeria (CBN) read more $1trn economy: CBN insists banking sector essential to power Nigeria’s growth

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2 w. ago Senate S’East caucus, Kalu, Uzodimma mourn former Diamond Bank chairman, Dozie

•Ex-Abia gov describes him as statesman From Adesuwa Tsan, Abuja The South East caucus in the Senate has expressed deep sorrow over the passing of the  former chairman of Diamond Bank and a prominent figure in Nigeria’s financial sector, Dr. Pascal Dozie. In a statement by the chairman of the caucus, yesterday, Sen Enyinnaya Abaribe, […] The post Senate S’East caucus, Kalu, Uzodimma mourn former Diamond Bank chairman, Dozie appeared first on The Sun Nigeria.

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2 w. ago Pascal Dozie: A life of banking success, entrepreneurial triumph

Bankers, business moguls, others pay glowing tributes   By Merit Ibe and Chinwendu Obienyi Pascal Dozie, a towering figure in Nigeria’s banking sector and entrepreneurial spheres, passed on yesterday, an eve to his 86th birthday. The Founder of the defunct Diamond Bank Plc (which has merged with Access Bank) and a former chairman of MTN […] The post Pascal Dozie: A life of banking success, entrepreneurial triumph appeared first on The Sun Nigeria.

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2 w. ago Banking sector credit to private sector declines amid CBN’s tight liquidity measures

Credit extended by the banking sector to the private sector declined by 1.3 percent month-on-month and 8.6 percent year-on-year in read more Banking sector credit to private sector declines amid CBN’s tight liquidity measures

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3 w. ago Sterling Bank champions removal of transfer fees in banking sector

In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the cancellation read more Sterling Bank champions removal of transfer fees in banking sector

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3 w. ago Tope Dare at 50: Celebrating a legacy of innovation in Africa’s digital banking sector

Tope Dare, a key figure in Africa’s digital banking sector, turns 50 years old on Wednesday. Over the years, he read more Tope Dare at 50: Celebrating a legacy of innovation in Africa’s digital banking sector

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3 w. ago LCCI seeks transparent disbursement of $500m World Bank loan

The Lagos Chamber of Commerce and Industry (LCCI), has called for a transparent and efficient disbursement mechanism of the fresh read more LCCI seeks transparent disbursement of $500m World Bank loan

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3 w. ago More private placement exercise characterise recapitalisation

Tribune Online More private placement exercise characterise recapitalisation THE recapitalisation process in Nigeria’s banking sector has been marked by a surge in private placement exercises, as financial institutions seek to inject fresh capital to bolster their balance sheets and comply with regulatory requirements. This trend underscores the determination of Nigerian banks to strengthen their capital base, enhance their risk-absorbing capacity, and position themselves […] More private placement exercise characterise recapitalisation Tribune Online

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3 w. ago Sound regulatory oversight keeps banking sector strong —Cardoso

Tribune Online Sound regulatory oversight keeps banking sector strong —Cardoso THE Nigerian banking sector has demonstrated remarkable resilience and stability, thanks to the effective regulatory oversight provided by the Central Bank of Nigeria (CBN) and other relevant authorities, according to a recent assertion by the CBN governor, Olayemi Cardoso. By maintaining a robust regulatory framework, the authorities have been able to mitigate potential risks, ensure […] Sound regulatory oversight keeps banking sector strong —Cardoso Tribune Online

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last month Cardoso champions gender equity as women hold 35% of CBN’s director positions

From Adanna Nnamani, Abuja In a landmark development for gender representation in Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has disclosed that women now constitute 35 percent of its  directors and half of its Non-Executive Board. This, according to the apex bank, indicate  a strategic push towards gender-balanced leadership under Governor Olayemi Cardoso.  […] The post Cardoso champions gender equity as women hold 35% of CBN’s director positions appeared first on The Sun Nigeria.

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