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Afreximbank Signs MoU To Unlock $200m Debt Financing For Projects In Anambra

The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MOU) with Anambra State Government to collaborate on state development efforts through the...
Business

Afreximbank signs land acquisition agreement for African Trade Centre

African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which...
Business

JUST IN: NNPCL’s $3bn Afreximbank Deal Intact, Can Never Collapse ‘—-Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari has said that the $3bn forward sales deal between the...
Business

Contrary To Media Reports, NNPCL- Afrexim Bank $3bn Deal Still Intact

Contrary to media reports that the $3bn deal between the Nigerian National Petroleum Company Limited and the African Export -Import Bank has been stalled,...
Business

Tinubu Happy With $3bn NNPCL/Afreximbank’s Deal To Rescue Naira

The NNPC Limited and Afreximbank recently signed the commitment letter and Term sheet for the facility which is expected to support the federal government...
Business

Naira Appreciation Impact Of NNPCL’s N3bn Deal Excites Tinubu, Presidency Officials

The $3bn loan facility which the Nigerian National Petroleum Company Limited secured from Afreximbank is causing excitement among Presidency officials and the President, THE...
Business

EXPLAINER:How $3bn Facility Secured By NNPC Will Stabilize Naira, Drive Down Cost Of Petrol

Facts have emerged on how the $3bn facility secured by the Nigerian National Petroleum Company Limited will enable the Federal Government to stabilize the...
Business

NNPC secures $3bn Afreximbank loan to strengthen naira

The Nigerian National Petroleum Corporation (NNPC) Limited on Wednesday secured a $3 billion emergency crude repayment loan from the African Export-Import Bank (Afreximbank) to...
Business

Afreximbank moves to expand Africa-Caribbean trade, investment relations

African Export-Import Bank (Afreximbank) has moved to expand Africa-Caribbean trade and investment relations with the opening of its new Caribbean Office.The African Export Bank...
Business

Afreximbank Urges CBN To Commence Recapitalization Of Banks In Nigeria

The floating of the naira may force banks and major companies in Nigeria to recapitalize in other to absorb the shocks of the currency...
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