April 16, 2021
  • April 16, 2021

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Ecobank moves to attract forex inflows, offer Nigerians in diaspora mortgage loan, investment platform

by on April 15, 2021 0
Ecobank Nigeria has rolled out several investment packages and opportunities to encourage Nigerians in the diaspora to own houses in the country and also participate actively in money and capital markets investment. Ecobank Head of Consumer Banking, Olukorede Demola-Adeniyi said the bank is offering mortgage loans to Nigerians living abroad to finance property ownership... Read More

US Dollar Index shows signs of weakness

by on April 1, 2021 0
By James Huckle Despite the recent jump up in the US Dollar Index (+3.3% YTD), it remains range-bound and weak The break down in July of last year set the index on a broadly downward trajectory Volatility has begun to expand, decreasing stability, and increasing risk Signs of weakness The US Dollar index has... Read More

Nigeria investment in rail is targeted at creating jobs~Amaechi

by on March 14, 2021 0
The major reason for Nigeria’s investment in the rehabilitation and construction of rail lines all over the country is to create employment for the youths, according to the Minister of Transportation Rotimi Amaechi. In a statement on Sunday, the minister said the ongoing rail projects would contribute to the GDP of the country because... Read More

Nigeria seeks private sector investment to boost infrastructural

by on December 3, 2020 0
GFDNews Correspondent Nigeria on Thursday said it plans to adopt new models of investments for infrastructural development in the country as public sector expenditure alone is no longer sufficient or capable of meeting the $3 trillion needed to bridge the infrastructural deficit over the next 30 years. Vice President Yemi Osinbajo stated this in... Read More