• Nigerian banks remain strong – CBN tells Afreximbank

    Nigerian banks remain strong – CBN tells Afreximbank

    It was gathered that the Central Bank of Nigeria (CBN) has reiterated that the nation’s Deposit Money Banks are strong despite the ongoing challenges in the foreign exchange market.

    CBN Governor, Godwin Emefiele, at the third quarterly meetings of the Board of Directors of the African Export-Import Bank (Afreximbank), in Lagos, yesterday, reaffirmed that the country’s banks remained strong.

    The reaffirmation may have become necessary, as the regional trade bank appeared to have several business interests in the country, with more recently, […]

  • Afreximbank to host Obasanjo, Dangote, others at AGM in Seychelles

    Afreximbank to host Obasanjo, Dangote, others at AGM in Seychelles

    The African Export-Import Bank (Afreximbank) says former Nigerian President, Olusegun Obasanjo and President James, Michel of Seychelles will join other leaders as its Annual General Meeting (AGM) in Seychelles.

    A statement by the bank on Thursday noted that the bank’s 23rd AGM would hold from July 18 to July 24. The statement indicated that others being expected at the AGM were Nobel Prize Winner in Economics, Joseph Stiglitz, Chairman of Dangote Group, Aliko Dangote, and Chairman of Heirs Holdings Ltd, Nigeria’s […]