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IFC: Nigeria’s private capital to GDP rate low

IFC: Nigeria’s private capital to GDP rate low

Nigeria has low private capital to Gross Domestic Product (GDP) rate, which remains a major consideration that foreign investors consider in making their investments in countries, Country Managing Director at International Finance corporation (IFC),  Mrs. Eme Essien, has said. Speaking yesterday at the FirstBank 125 years anniversary in Lagos, she said the level of risk […] …

New IFC infrastructure with Lagos suspicious— ERA/FoEN

‘Adesua Etomi and Small Doctor are not Legends!’ Nigerians react to #BeyondGreatness Twitter trend

The Environmental Rights Action/Friends of the Earth Nigeria, ERA/FoEN, has cautioned Lagos government against going ahead with any deal with the World Bank’s International Finance Corporation, IFC, saying it will ultimately mortgage the future of Lagos citizens with no positive result.
Continue reading New IFC infrastructure with Lagos suspicious— ERA/FoEN at Vanguard News Nigeria. …

IFC signs MoU to help Lagos improve infrastructure, revenue

IFC signs MoU to help Lagos improve infrastructure, revenue

Joseph Inokotong, Abuja The International Finance Corporation (IFC) has announced its readiness to provide advisory services to Lagos State government to enhance its infrastructure development and strengthen long-term financial sustainability. Union Bank shines at Sustainability, Enterprise and Responsibility awards The advisory services to be offered by IFC will be designed to improve procurement for key […]
The post IFC signs MoU to help Lagos improve infrastructure, revenue appeared first on The Sun Nigeria. …

IFC, firm partner to boost market access for women entrepreneurs

IFC, firm partner to boost market access for women entrepreneurs

WEConnect International, a global network of corporations committed to sourcing goods and services from women suppliers, has signed an agreement to boost access to markets for women-owned small and medium enterprises in emerging markets. The agreement was IFC’s first active partnership supported by the Women Entrepreneurs Finance Initiative ( We-Fi). Under the agreement, IFC andRead More …

IFC, other DFIs raise $1.2b to support $9b projects

IFC, other DFIs raise $1.2b to support $9b projects

The International Finance Corporation (IFC), a member of the World Bank Group, in collaboration with other Development Finance Institutions (DFIs), pulled together about $1.2 billion in concessional funds to support nearly $9 billion in private investment projects in emerging markets, a new DFI report, has revealed. The report, released by the DFI Working Group onRead More …

Inequality: IFC, Oxfam report indict Nigeria, India, others

Inequality: IFC, Oxfam report indict Nigeria, India, others

Amaechi Ogbonna, Bali, Indonesia. Several months after the Federal Government pledged to share the nation’s recovered stolen funds to its economically active poor across the country, Nigeria again retained an unenviable distinction of being at the bottom of World Bank report on inequality Index for the second year in a row as its social spending […]
The post Inequality: IFC, Oxfam report indict Nigeria, India, others appeared first on The Sun Nigeria. …

IFC invests $2m in agriculture

IFC invests $2m in agriculture

International Finance Corporation (IFC), a member of the World Bank Group, has signed a $2 million agreement with the Federal Government to strengthen agribusiness and create jobs. According to a  statement, Nigeria is one of three countries to benefit from the World Bank Group’s Livestock and Micro Reforms in Agribusiness (L-MIRA) programme, which objective isRead More
The post IFC invests $2m in agriculture appeared first on The Nation Nigeria. …

IFC: Nigeria contributes to $42.6tr emerging market bank assets

IFC: Nigeria contributes to $42.6tr emerging market bank assets

Global Progress Report on Sustainable Banking Network says Nigeria remains a major contributor to the $42.6 trillion bank assets by 34 emerging markets. The report released by the International Finance Corporation (IFC) of the World Bank Group, said the figure represented more than 85 per cent of the total bank assets in emerging markets inRead More
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