The Nigerian government has secured a $200 million loan from Afreximbank to boost its creative industries. This initiative, part of the Destination 2030 vision, aims to create two million jobs and increase the country’s GDP contribution, positioning Nigeria as a global cultural leader by 2030...
The naira further strengthened against the US dollar on Monday, December 8, 2024, marking its third gain of the New Year. Closing at an impressive N856.57 to a dollar in the official market, the domestic currency witnessed a 1.45% appreciation, indicating a significant N12.56 gain over the...
The African Export-Import Bank (AFREXIMBANK) last Thursday said that it would assist the Dangote Group to access foreign exchange and funding for its 17 billion dollars refinery projects.
Dr Okey Oramah, the President, AFREXIMBANK, gave the assurance during a tour with its board members to the...
The Dangote Group has acquired shares in the African Financial institution export-import bank, Afreximbank.
According to a statement issued by the bank, Dangote has completed the process of acquiring equity stake in the bank with a “substantial investment”.
Afreximbank is a pan-African...
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