According to the agency, Nigeria’s public debt stock only includes debts of the Federal Government of Nigeria, the 36 state governments and the Federal Capital Territory. Furthermore, Section 38 of the CBN Act, 2007, said the apex bank may grant temporary advances to the Federal Government in...
Earlier in January, Kemi Adeosun, the Minister of Finance announced that the National Assembly had approved the diaspora bond and the proceeds will be used to support the government’s development agenda and budget deficit. The minister said the diaspora bond – which could reach $300 million –...
SERAP explained that while Section 38(1) of the CBN Act allows the Bank to grant overdrafts to the federal government to address any temporary deficiency of budget revenue, sub-section 2 provides that any outstanding overdraft ‘shall not exceed five-per cent of the previous year’s actual re...
WHEREAS, the Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain registration rights with respect to certain securities of the Company, as set forth in this Agreement. NOW, THEREFORE, in consideration of the representations, co...
Nigeria and Japan have signed an agreement to upgrade power supply infrastructure in Abuja and Nasarawa State. The agreement allows the Japanese government to extend an $11 million grant (N2.2 billion) to upgrade two power substations in the Federal Capital Territory and Nasarawa State, ...
City National Bank Increases Ladder Up Home Loan Grant to as much as $50,000 in Certain Los Angeles MarketsPR Newswire•Sep 05, 2024•City National Bank • Citizens Strengthens California Presence, Hires Walker as Middle Market Regional ExecutiveEquipment Finance Advisor•Jun 28, 2024•Citi...
"Trademark Assignment Agreement" shall mean the Grant of Security Interest (Trademarks, Trademark Applications and Trademark Licenses) made in favor of Agent, on behalf of the Lenders, by Borrower and its Subsidiaries, dated as of May 1, 1989. "Voting Stock" shall mean outstanding shares of ...
10. Policy Loan • You may apply for policy loan within 45 days after the Policy Issue Date. • BOC Life will have the absolute discretion to make the final decision to grant the policy loan and to determine its applicable terms. • For details of the Policy Loan, please refer to ...
This was a second conference organized in Moscow by Russia’s Anti-Globalist Movement, a small anti-American group. Its head, Alexander Ionov, said the Kremlin helped fund the conference with a “grant” of $55,000. The rest of the funding came from private donors from “Texas and other ...
grant the national treatment to 实行国民待遇 pursuing practical results, adopting various waysand seeking common development/ the principle of equality, mutual benefit, efficiency, diversity andmutual development 平等互利、讲求实效、形式多样、共同发展的方针 ...