Why UBA sealed 7 year $100m financing deal with China Development Bank
More details have emerged on why Africa’s global bank, United Bank for Africa (UBA) Plc, and China Development Bank (CDB), the world’s largest development finance institution, sealed a $100 million seven-year letter of intent agreement. A credible source at the bank…
Time to rethink numerous Chinese banks’ infrastructure funding in Nigeria —BHIU
Investigations by Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications group, have shown that since the creation of Nigeria, the current administration remains the highest in sourcing infrastructure funding from China. However, the question remains what…
