Good Tidings For Nigeria, Receives $2.25bn As First Tranche of $3.3bn Afrexim Bank Loan, Balance in January

Business leaders in Lagos have praised the effort of the Afrexim bank, adding that the funds would serve as a major catalyst for the economy which could help curtail the exchange rate volatility and ease inflation.

Speaking to ARISE News, minister of finance, Wale Edun, said it was in the position of Afrexim to announce the disbursement at the appropriate time.