FEC approves $1.3b loan for development bank
The Federal Executive Council (FEC)has approved a $1.3 billion loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the heels of a memo submitted by the Finance Minister, Kemi Adeosun seeking council’s ratification on the loan’s request. Adeosun, who briefed State House correspondents on the outcome of FEC […]
Continue Reading