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DFIs

Money market

CBN to transfer N5.5trn development finance activities to private banks, DFIs

The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs). According to a new report on…

NewsDirect
May 14, 2024

Energy

African countries engage DFIs to fund oil, gas projects

Nigeria and other petroleum producing countries in Africa have begun engagements with Developmental Finance Institutions (DFIs) to fund critical oil and gas projects in the continent. The Minister of State for Petroleum Resources, Chief Timipre Sylva, made this known while…

NewsDirect
March 8, 2022