Development Bank Trust

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Empire Trust MFB Expands Empire-pay Agency Banking Network Nationwide

This Day 04 May 2024

This move comes as ETMFB, a key player in Nigeria’s microfinance sector, focuses on developing an extended agency banking network exclusively dedicated to its groundbreaking Agent >Banking solution, Empire-pay.

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US moving up the escalation ladder

Dawn 04 May 2024

The unprecedented seizure of assets from the Russian Central Bank is unparalleled, and may undermine trust in the US treasury market ... The ramifications extend beyond the US, with approximately $229 billion of Russian funds held in European banks.

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Social housing buyers and renters are hesitant to borrow from preferential credit package

Vietnam News 04 May 2024

After one year of providing credit from the VNĐ120 trillion credit package for social housing development, the disbursement is still very low at VNĐ955 billion (US$39.8 million), according to the State Bank of Vietnam (SBV).

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Godrej Properties to market realty projects developed by Godrej & Boyce for management fees

Hindustan Times 04 May 2024

"There will be many more projects we expect under the DM partnerships," Pirojsha said, but declined to comment on the total land bank and development potential in terms of area as well as sales value.

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AllAfrica to Present Excellence Awards at Summit

This Day 04 May 2024

“Others are the AllAfrica and University of Nairobi Wangarĩ Maathai Young Journalist Award in recognition of the best use of digital tools for youth engagement; the African Development Bank ...

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Nigeria poised to outlaw P2P crypto trading over national security concerns

Cryptoslate 04 May 2024

In fact, in December 2023, the Central Bank of Nigeria lifted a two-year ban on crypto transactions, hinting at a more welcoming regulatory environment ... Central Bank Governor Olayemi Cardoso alleged in ...

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Adenuga: 71 Years of Unrivalled Philanthropy, Endless Empowerments

This Day 04 May 2024

From Banking to Telecoms, Oil and Gas as well others that are not known to the public ... Same was the case when he had two banks, Equatorial Trust Bank and Devcom Merchant Bank that were among top ones in the country.

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Agreement signed: 30 girl students to receive foreign scholarships

The News International 04 May 2024

The Asian Development Bank’s Asian Development Fund (ADB-ADF) will cover the costs of these scholarships.Project Director KPCIP Syed Zafar Ali Shah and AIT President Kazuo Yamamoto, signed the agreement.

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TMB reports Rs1.03bn Q1 profit

The News International 04 May 2024

The logo of the Telenor Microfinance Bank (TMB) ... Telenor Microfinance Bank (TMB) reported a ... The bank maintained a robust Capital Adequacy Ratio (CAR) of 22.8 percent, above regulatory requirements.

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Nigeria Accedes to Establishment Agreement for Afreximbank’s FEDA

This Day 04 May 2024

Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank).

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Community celebrates opening of Tabasa Gardens in Watsonville

Santa Cruz Sentinel 04 May 2024

... Health Services Agency, California Department of Housing and Community Development, California Tax Credit Allocation Committee, Central Coast Community Energy, Housing Trust Silicon Valley, U.S.

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Banks Resume Processing Charges on Deposits Above N500,000 for Individual Accounts, N3m for Corporates

This Day 04 May 2024

This followed an end of the Central Bank of Nigeria’s (CBN) temporary suspension of the policy ... Owing to this development, an email from Sterling Bank to its customers announcing the resumption of charges stated.

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Experts advocate for green financing

The News International 04 May 2024

A new study by an Islamabad-based think tank, Policy Research Institute for Equitable Development (PRIED), points out that the financing opportunities for renewable energy projects remain limited in Pakistan.

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CDWP approves 10 uplift projects of over Rs115bn

The News International 04 May 2024

The Central Development Working ... A project related to the Agriculture & Food sector presented in the meeting namely “Sindh Livestock and Aquaculture Development Project (World Bank Assisted)” worth Rs.

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History’s lessons

Dawn 04 May 2024

ECONOMIC development, particularly in Pakistan’s context, remains shrouded in mystery ... Many of these misunderstandings have been fuelled by an ideational conflict — one that seeks to define development and how best to achieve it.