Tag: Nigeria Business Now

Polaris Bank Appoints 2 New Executive Directors

Polaris Bank Appoints 2 New Executive Directors   Polaris Bank has announced the appointment of two new members of its executive leadership team. Chinwe Iloghalu joins the Bank as Executive Director, Lagos and Corporate Banking, and Martins Izuogbe joins the Bank as Executive Director, Service and Technology.   These appointments[Read More…]

Gold export hits N78bn, highest on record

Gold export hits N78bn, highest on record Africa’s biggest economy has exported gold worth N78.9 billion within the last 15 months, a first-time trend in Nigeria’s export economy. Findings by BusinessDay showed Nigeria is gradually tapping from a cash-spinning mining sector that has remained largely under-utilised since the crude oil[Read More…]

BUA Signs $500m Financing Deal With IFC

BUA Cement Plc has acquired a monumental $500 million financing package from the International Finance Corporation (IFC) to help facilitate its part-finance and develop two new, energy-efficient cement production lines that will create up to 12,000 direct and indirect jobs. This partnership marks the largest-ever investment by IFC in northern[Read More…]