According to Afreximbank, the funds would enable Zenith Bank to maintain foreign currency trade flows impacted by the COVID-19 pandemic, and be able to on-lend to eligible sub-borrowers involved in the manufacturing and supply of medical resources needed to combat the pandemic.
He said the Bank was pleased to contribute to keeping economies going especially with the on-going pandemic, noting that supporting Zenith Bank to carry out their mandate was Afeximbank’s greatest contribution to making sure that African countries and institutions build back better from the shocks of the pandemic.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EFCC arrests suspect with 2,000 bank account details, ATM cards - Daily Post NigeriaThe Economic and Financial Crimes Commission (EFCC) has arrested one Ihebuzo Chris for alleged cyber stalking. He was apprehended in Benin, Edo State,
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Bank customers, others unhappy with digital services –eBanqo CEOThe Chief Executive Officer of eBanqo, Charles Ifedi, speaks on how he seeks to help organisations to interact with customers quickly and efficient...
Source: MobilePunch - 🏆 8. / 63 Read more »
Nigeria owes World Bank N3.96tn — DMO
Source: MobilePunch - 🏆 8. / 63 Read more »
NEW CBN DIRECTIVE: Zenith commences issuance of form ‘M’ directly to importers’ suppliers -ZENITH Bank Plc has commenced the issuance of the import trade instrument form ‘M’ saying that it “will only open form ‘M’ for Letter Of
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Nigeria’s COVID-19 infections exceed 56,000Nigeria has tested over 430,000 of its 200 million population.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Immunity clause and the Chinese railThe House of Representatives recently uncovered the immunity clause in the loans agreement that enabled Nigeria obtain loans to finance the rail projects and the $400 million loan for the Nigeria N...
Source: MobilePunch - 🏆 8. / 63 Read more »