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IFC

2 Apr 2019
Central Bank of Nigeria (CBN)’s National Collateral Registry (NCR) has generated N1.264 trillion credit to the micro, small and medium enterprises (MSMEs) and individuals in the nation’s economy within two years, its Registrar, Mohammed Mainasara, has said. The NCR, a creation of the apex bank’s Development Finance Department in collaboration with the International Finance Corporation (IFC) commenced operation in 2017 following…
9 Mar 2019
Those who argue that there can be no greater treasure in life than the early understanding of purpose and its diligent pursuit have a point. In it, is the wisdom of according a pride of place to the Almighty in all of one’s affairs – the doors of limitless possibilities just seem to remain eternally…
9 Oct 2018
International Finance Corporation (IFC), a member of the World Bank Group, has issued its inaugural Indonesian Rupiah Komodo green bond, attracting strong investor demand and raising 2 trillion IDR—the equivalent of $134 million in U.S. currency—to combat climate change....
28 May 2018
The International Finance Corporation (IFC) Country Manager in Nigeria, Eme-Essien Lore has assured that as a developing nation, Nigeria is well qualified to benefit from the corporation’s more than $3billion green building investment portfolio if concrete arrangement and understanding are put in place. According to him, IFC has a green building investment portfolio of more…
28 May 2018
To encourage companies to invest in sustainably-designed buildings, Nigerian Mortgage Refinance Company (NMRC) and the International Finance Corporation (IFC), a member of the World Bank Group, have launched the EDGE green building certification system in Nigeria to jumpstart the mainstreaming of resource-efficient buildings across the country in a fast, simple and affordable way. An innovation…
25 May 2018
IFC, a member of the World Bank Group, together with the Mastercard Foundation, released a new report documenting the transformation underway in financial inclusion in Sub-Saharan Africa.
27 Apr 2018
Nigeria is a mono economy that focuses very much on the oil sector. This is according to Eme Essien Lore, the IFC’s country manager for Nigeria. CNBC Africa’s Gugulethu Cele...
27 Apr 2018
A fresh hope of more development financing for middle and lower income countries, including Nigeria, has been raised, as the World Bank Group's shareholders overwhelmingly approved...
28 Mar 2018
Despite the recent economic drag responsible for sluggish regional growth, African economies are rapidly expanding, offering significant opportunity for private enterprises and investors across the globe, a report has shown.
16 Jun 2017
Specifically, while they see Information and Communications Technology (ICT) impacting positively on the business climate, they also reiterated the need to develop and drive new set of frameworks and solutions anchored on technology and other digital tools.
10 Feb 2017
The closure of Abuja airport. Even the thought is such a ridiculous outlandish one and shows how far away from reality we are.
12 Nov 2016
The Minister of State, Budget and National Planning, Hajiya Zainab Ahmed, has linked the inability of commercial banks to lend to Small and Medium Enterprises ...

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12 mins ago
Uber and Bolt drivers have called on ride hailing companies operating in Nigeria to conduct proper profiling of riders in order to stop frequent killing of innocent drivers by criminally minded users.
1 hour ago
Suspected pirates have abducted an operative of the Nigeria Security and Civil Defense Corps (NSCDC) and four contract staff working at the Conoil field in Koluama 1 in Bayelsa.
2 hours ago
NAIROBI, Kenya, 6 December 2021- /African Media Agency (AMA) /- The Kerry Group has expanded its footprint in Africa following its acquisition of Rwanda-based Afribon. This transaction further enhances Kerry’s focus as a leading business to business ingredient solutions provider for the food, beverage and pharmaceutical markets.  Launched in 2012, Afribon is specialised in the…
2 hours ago
President Muhammadu Buhari has called on Auditors-General across the country to introduce strategies that will help stamp out corruption from the system.
2 hours ago
The Borno Police Command on Monday said it arrested five suspected rapists and a woman in possession of 90 rounds of ammunition.