Blog 1 Column

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- As development of this unfolds, the United Bank for Africa Plc (UBA) played a very critical role as the Local Arranger and Onshore Account Bank for the transaction, which is anticipated to relieve the foreign exchange illiquidity and maintain the Nigerian currency market. This development financing is Nigeria’s largest crude oil prepayment facility and one of the largest syndicated loans seen...

By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- The fund will invest in companies developing and implementing digital technologies, in particular those addressing basic needs such as education, healthcare and utilities, or enhancing goods, services and value-chain efficiency. “Encouraging and promoting innovation and digitalization is crucial to developing strong and sustainable economies,” EIB Vice-President Ambroise Fayolie noted. Africa...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra GHANA- Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of the of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the sixth to complete the scheduled 6 million barrels consignment to be delivered to the Dangote facility needed to commence...

By Abdul Rahman Bangura- NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- According to our sources, former captain and midfielder of Nigeria – Okocha, Gyan of Ghana, El Hadji Diouf of Senegal, and Ahmed Hassan of Egypt, were listed. Their critical function will comprise of promoting CAF and African Football, equally as playing an important role in other activities including tournaments, charity initiatives, commercial and social events amongst many others as well...