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To read more on this article, see page A10 Speaking during the signing ceremony, Afreximbank’s
Executive Vice President for Business Development and
Insurers remain profitable as combined ratio Corporate Banking, Amr Kamel, said the agreement would
support Afreximbank’s trade confirmation services under
increases which the Bank provides confirmation lines to African
financial institutions to support their trade businesses and
The combined ratio for listed insurers improved in the third increase capacity to undertake trade finance transactions.
quarter of 2018, signaling efficient underwriting results
amid a tough and un predictable macroeconomic
To read more on this article, see page 23
environment.
Dangote Foundation okays N10b for 774,000 He said all hands must be on deck to address the
women menace, adding that the company was working with
market players to proffer solutions.
The Aliko Dangote Foundation has okayed N10billion for
the empowerment of 1000 vulnerable women in the 774 He said: “Before a corporate comes out to issue a bond
local government areas of the country. which is a long term paper, the corporate will look at the
outlook of the economy.
The Foundation is a multi-purpose grant-making vehicle
driving interventions in critical sectors including education, To read more on this article, see page 20
health, population and community have started a scheme
targeted at vulnerable women in select states of the
federation.
DAILY TRUST