International Breweries obtains approval for $379.9 million shareholder loan
Shareholders accepted and approved the $379.9 million convertible loan from AB InBev Nigeria Holdings BV for repaying a loan from ...
Tag: Citibank
NPA to secure $700 million loan from Citibank to revamp Apapa, Tincan ports
The Nigerian Ports Authority (NPA) is set to receive a $700 million loan from Citibank, which is to be funded ...
Foreign Investors select Citibank, Stanbic, FBN as preferred destination for foreign capital into Nigeria
According to the most recent capital importation report by the National Bureau of Statistics (NBS), Citibank Nigeria Limited, Stanbic IBTC ...
Top 10 banks in Nigeria with highest foreign inflows in H1 2022
Nigeria attracted $3.11 billion as foreign inflows in H1 2022, a 11.8% increase compared to $2.78 billion received in the ...
Airtel Africa secures $125 million loan facility from Citibank
Airtel Africa has signed a $125 million revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa.
Russia says it has made its $117 million eurobond interest payment to Citibank
Amid rising rumours that the country is on the verge of defaulting, Russia says it has made a $117 million ...
73% of capital inflow was routed through foreign-owned banks in Nigeria in 2020 – NBS Report.
Standard Chartered Bank, Stanbic IBTC, Citibank and Rand Merchant Bank collectively received 73% of capital inflow in 2020.
Citibank: Bitcoin could skyrocket by $300,000 in 2021
Tom Fitzpatrick has validated his bias, anticipating that Bitcoin could skyrocket to $318,000 by December 2021.
Naira unification may lead to losses for black market speculators
Naira unification around NAFEX could burn the fingers of speculators.
Fidelity Bank slashes growth forecast, readies Eurobond coupon ahead of due date
Due to the unfortunate economic impacts occasioned by the Coronavirus pandemic, Fidelity Bank Plc said it has slashed its growth forecast for 2020.
