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Business

Afrexim Bank backs Fidelity Bank’s acquisition of Union Bank UK with $40m facility

The plans of Fidelity Bank Plc to acquire and recapitalize Union Bank, United Kingdom has gotten the backing of Afrexim Bank as the multilateral...
Business

Fresh $925m From NNPCL’s Crude Oil Deal With Afreximbank Will Improve Forex Liquidity- Oando

Oando Plc has said that the fresh $925m injected into the Nigerian economy through the crude oil forward-sales financing between the Nigerian National Petroleum...
Business

$3.3bn deal: Afrexim Bank disburses another $925 million to Nigeria

African Export-Import Bank (Afreximbank) has disbursed an additional $925 million to the federal government of Nigeria under the syndicated $3.3 billion crude oil-backed prepayment...
News

Uzodinma Secures $1.5bn From Afreximbank To Enhance Infrastructure In Imo State

The African Export-Import Bank (Afrexim Bank) is set to invest $1.5bn into various sectors in Imo state and the investment is intended to stimulate...
Business

Afreximbank, UBA Begin Initial Disbursement Of $2.25bn Out Of $3.3bn NNPCL Facility

The African Export-Import Bank (Afreximbank) has successfully arranged a syndicated $3.3bn crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL).An...
Business

Lagos secures $1.352bn investment partnership with Afrexim, Access Bank

The state Governor, Mr Babajide Sanwo-Olu, who announced this via a Facebook post, said the investment will help realize key projects, including the Fourth...
Business

Fidelity Bank signs $40m AFREXIM Bank deal with JohnVents for cocoa export

Fidelity Bank, a Nigerian deposit money bank, has signed a tripartite $40 million pre-export finance facility with AFREXIM Bank in favour of JohnVents Industries.The...
Business

Nigeria is ready for business, Tinubu tells Afrexim, European Bank delegations

President Bola Ahmed Tinubu, on Thursday, said Nigeria is ready for business, and assured investors that the country is ready to welcome them.President Tinubu...
Business

No way investor’ll come to your country if you make life difficult for them, Dangote tells African leaders

The Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has informed African Union leaders that he will not invest in their countries...

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