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EXPORT TRADE: FCMB RALLIES OPERATORS TO DIVERSIFY AND STIMULATE ECONOMY

Export Trade: FCMB rallies operators to diversify and stimulate the economy Nigeria’s vast non-oil endowment must be urgently leveraged to diversify and expand its revenue base, reduce the dependence on crude oil for foreign exchange earnings, and stimulate rapid economic growth. Policymakers, financiers, export trade experts, and value chain players insisted on this in Lagos […]

AfDB, FCMB READY $50m FOR SME’s, WOMEN’s BUSINESSES

The African Development Bank, AfDB, has signed a $50 million Line of Credit Agreement with Nigeria’s First City Monument Bank (FCMB) to support access to finance for small and medium-sized enterprises (SMEs), as well as women-empowered businesses (WEBs). FCMB will use the proceeds of the Line of Credit to finance SMEs and WEBs in Nigeria’s […]