All posts tagged "IFC"

• 
  Eleme Petrochemicals secures IFC’s $375m facility

  THE International Finance Corporation (IFC)-a member of the World Bank Group, has approved a $375 million (N59 billion) facility for infrastructure upgrade of Eleme Petrochemical Company’s operations in Rivers State. Already, IFC has signed a loan for...

  • Posted February 21, 2013
  • 0
• 
  IFC Injects $100 million into Ecobank

  The International Finance Corporation (IFC) has invested the sum of $100 million (N15.8 billion) into Ecobank Nigeria Plc by way of an equity shares subscription  in Ecobank Transnational Incorporated. This development comes on the back of share subscription...

  • Posted October 29, 2012
  • 0
• 
  IFC Invests $10.5m in Interswitch to Expand Financial Service

  IFC, a member of the World Bank Group, announced today an investment of $10.5 million in electronic payments company Interswitch Limited to help consumers at all income levels in Nigeria and other parts of Africa gain improved,...

  • Posted September 6, 2011
  • 0
• 
  IFC invests 4.58 billion naira in GTBank

  The International Finance Corporation (IFC) has invested 4.58 billion naira in Nigeria’s Guaranty Trust Bank (GT Bank), one of the top five lenders by assets in sub-Saharan Africa’s second biggest economy, GT bank said on Monday. The...

  • Posted August 29, 2011
  • 0
• 
  NIPC Seeks More Funding for Small Businesses

  The Nigerian Investment Promotion Commission (NIPC) has called on the Federal Government to invest more in the World Bank and Federal Government pilot Micro Small and Medium Enterprises (MSME) project, in order to tackle poverty more effectively....

  • Posted April 4, 2011
  • 0
• 
  Bank executives’pay not regulated, says CBN

  The Central Bank of Nigeria (CBN) has said it will not interfere with banks’mechanisms for determining executive compensations despite global demand that financial institutions match directors ’paywith performance. CBN Deputy Governor, Financial Systems Stability, Kingsley Moghalu, who...

  • Posted April 4, 2011
  • 0
• Misconceptions in PPP, a challenge in water sector, says IFC

  THE International Finance Corporation (IFC) has identified misconceptions about public-private partnerships (PPP) in the water sector as a challenge hindering efforts to solve supply and distribution problems. The corporation stated this in Handshake, a new peer-review publication...

  • Posted March 26, 2011
  • 0