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| Nigeria's Central Bank Governor, Prof. Charles Soludo | |
The Financial Times (FT) / International Finance Corporation (IFC) Annual Sustainable Banking Award is promoting the triple-bottomline business principle. Sustainable banking is associated with voluntary accession to the Equator Principles which about ten of the world's biggest banks developed and voluntarily signed up to in 2003, to promote the integration of environmental and social responsibilities into banks' core business strategies.
In five years, 61 banks have signed up to the Equator Principles, and four of Nigeria's biggest banks contested the third edition of the FT/IFC Sustainable Banking Award in |
June 2008. From the business models of winners at the award, sustainable banking presents new frontier opportunities, while it helps in mitigating environmental and social risks to banking functions. | |
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Diaspora Banking ,
Cash Advancement ,
E-Payment ,
Personal Asset Acquisition ,
International Credit Card ,
Portfolio Management Account ,
Business Asset Acquisition ,
Debit Cards ,
Leasing ,
Home Insurance ,
Investment Loan ,
Pension Fund Administration ,
Children Saving & Investment ,
Mutual Funds ,
Mortgage ,
Saving & Investment , |
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| Item |
info |
Comments |
| OPEC Quota |
2,265,000 bpd |
Since March 2005 |
| OPEC Yearly Average |
US$61.08(2006),
US$69.1 (2007) |
OPEC |
| 2008 Monthly Basket Price |
US$88.35 Jan
US$90.64 Feb
US$99.03 Mar
US$105.16 Apr
US$119.39 May |
OPEC |
| Oil Reserve |
34 billion barrels |
2005 (DPR) |
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