BANK OF INDUSTRY, EXPORT-IMPORT BANK OF CHINA SIGN MOU ON $500M FINANCING SUPPORT

Abuja – The Bank of Industry (BOI), Nigeria's leading Development Finance Institution (DFI), and the Export-Import Bank of China (CEXIM) have signed a Memorandum

OnlineNigeria.com (Date:09/16/2018 18:22) Read full article >>

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China: China , officially the People's Republic of China , is a sovereign state located in East Asia. It is the world's most populous country, with a population of over 1.35billion. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing.[
- China Wikipedia
Nigeria: in Africain the African Union
- Nigeria Wikipedia
Industry: Industry is the production of an economic good or service within an economy. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This occurred through many s
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Finance: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency
Export: This term export derives from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In Intern
Institution: An institution is any structure or mechanism of social order and cooperation governing the behaviour of a set of individuals within a given community may it be human or a specific animal one. Institutions are identified with a social purpose, transcending individuals and intentions by mediating the
Import: An import is a good brought into a jurisdiction, especially across a national border, from an external source. The purchaser of the exotic good is called an importer. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial tran
Memorandum: A memorandum was from the Latin verbal phrase memorandum est, the gerundive form of the verb memoro, "to mention, call to mind, recount, relate", which means "It must be remembered ...". It is therefore a note, document or other communication that helps the memory by recording events or observation