afreximbank

  1. Forensic Audit Reveals Controversial Transactions Behind CBN's Union Bank Takeover

    Nigeria Forensic Audit Reveals Controversial Transactions Behind CBN's Union Bank Takeover

    The Digest: Fresh details have emerged regarding the Central Bank of Nigeria's (CBN) January 2024 takeover of Union Bank, with a forensic audit alleging financial irregularities under the bank's former owners and directors. Key issues include a $300 million Afreximbank facility allegedly...
  2. Afreximbank Leads $4bn Refinancing Deal for Dangote Refinery

    Nigeria Afreximbank Leads $4bn Refinancing Deal for Dangote Refinery

    The Digest: The African Export-Import Bank has announced a $2.5 billion commitment as part of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery & Petrochemicals. The five-year facility, arranged alongside Access Bank, is designed to refinance existing debt and...
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