Tag: Citibank

News

NPA secures $700m loan for Apapa, Tincan ports rehabilitation

The Nigerian Ports Authority announced that it had obtained a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos. This disclosure was made in a statement on Wednesday by the Managing Director of NPA, Mr. Mohammed Bello-Koko, during a panel session at the 43rd Annual Council Meeting of […]

Tinubu appoints Olusi as new BoI boss
Economy

FG plans fresh Eurobond borrowing in June

The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., to guide its forthcoming Eurobond issuance. In addition, Standard Chartered Bank and a financial adviser firm Chapel Hill Denham have been appointed to advise on this venture, according to The Punch. […]

Citibank, Stanbic, FBN emerge top foreign investment destinations
News

Citibank, Stanbic, FBN emerge top foreign investment destinations

By Melvin Onwubuke   Citibank Nigeria Limited, Stanbic IBTC Bank Plc and First Bank of Nigeria Plc have become evident as the top destinations for foreign investment in Nigeria for 2023. According to findings by nairametrics, cash inflow into the country, passes more, through this financial institutions, indicating investor’s trust in their capacity and market […]

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