Browsing: British

British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries. This will strengthen import and export capabilities amongst local businesses and plug the foreign currency supply gap. The programme supports Access Bank’s strategy to enable continental trade and deepens BII’s commitment to bolstering financing environments in fragile economies. BII estimates the loan programme will stimulate African trade volumes by US$90 million.

Eminent business mogul and former Governor of Abia State, Dr. Orji Kalu, has expressed his heartfelt condolences over the death of the British Deputy High Commissioner to Nigeria, Ambassador Peter Carter Leslie, on Tuesday at the Murtala Mohammed International Airport, Lagos.

The recent development in Eastern Europe starting from a revolution that ousted President Yanoukovich of Ukraine and “annexation’ of the Crimea as reported by many Western mainstream media is what I see as “Resuscitating the Soviet Union”.