Tag Archives: assets

Afreximbank assets hit $30.1 billion in first half of 2023.

Total assets of African Export-Import Bank (Afreximbank) increased by eight per cent to $30.1 billion in the first half of 2023. The consolidated financial statements of Afreximbank for the half year ended June 30,2023 indicated that the group’s total balance sheet size expanded by 8.0 per cent from $27.9 billion recorded by year ended December 31, 2022 to close approximately ...

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FG lists all moribund government assets on stock exchanges

The Ministry of Finance Incorporated, MOFI, the special purpose investment vehicle and asset custodian agency of the Federal Government of Nigeria, has disclosed its plans to identify, revive and list all moribund government assets on the stock exchanges in the country. Speaking on this plan uring a working visit to the Nigerian Exchange Limited, NGX , MOFI’s Managing Director/Chief Executive ...

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Assets, production facilities of foreign companies in Russia may be confiscated- Report

Western businesses leaving Russia due to the war may have their companies and production facilities confiscated by the Russian state, according to Moscow. Businesses that leave the country are “basically abandoning their staff to their fate,” said former Russian president Dmitry Medvedev on Thursday. To prevent people from ending up unemployed and on the streets, the Russian government is taking ...

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