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CITIBANK
Shareholders accepted and approved the $379.9 million convertible loan from AB InBev Nigeria Holdings BV for repaying a loan from Citibank Abu Dhabi
The Nigerian Ports Authority (NPA) is set to receive a $700 million loan from Citibank, which is to be funded by UK Export Finance (UKEF), to revamp the Apapa and Tincan Island ports in Lagos State.
According to the most recent capital importation report by the National Bureau of Statistics (NBS), Citibank Nigeria Limited, Stanbic IBTC Bank Plc, and First Bank of Nigeria Plc have emerged as the top destinations for foreign investment in Nigeria for 2023.
Nigeria attracted $3.11 billion as foreign inflows in H1 2022, a 11.8% increase compared to $2.78 billion received in the corresponding period of 2021.
Airtel Africa has signed a $125 million revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa.
Amid rising rumours that the country is on the verge of defaulting, Russia says it has made a $117 million interest payment to Citibank.
Standard Chartered Bank, Stanbic IBTC, Citibank and Rand Merchant Bank collectively received 73% of capital inflow in 2020.
Tom Fitzpatrick has validated his bias, anticipating that Bitcoin could skyrocket to $318,000 by December 2021.
Naira unification around NAFEX could burn the fingers of speculators.
Due to the unfortunate economic impacts occasioned by the Coronavirus pandemic, Fidelity Bank Plc said it has slashed its growth forecast for 2020.
GTBank, Citibank, FCMB, Zenith Bank, others have been ranked in the order of customer experience in 2019 by KPMG. #GTBANK,#ZENITH,#FCMB
The Central Bank of Nigeria's Bankers Committee is now ready to begin paying out the N500 million loans to creative industry SMEs under the Creative Industry Financing Initiative.