Afreximbank launches $3 billion Revolving Oil Trade Financing Programme to boost Intra-African, Caribbean petroleum trade
The African Export-Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing Programme.
Tag: AFREXIM bank
Proposed 5% levy on companies for community project might lead to exits – Afrexim Bank
A new report by Afrexim Bank states that the proposed 5% tax on companies earning over N100 million for community ...
Divesting from fossil fuel could reduce Nigeria’s GDP by $30 billion – Afrexim Bank
The African Export Import Bank has warned that divesting from fossil fuel could reduce Nigeria’s total Gross Domestic Product (GDP) ...
FX turnover crashes by 75.98% to a three-week low on Thursday
The foreign exchange (FX) turnover on the Nigerian official market crashed by 75.98%, hitting a three-week low on Thursday.
FX turnover records first crash after Afrexim Bank’s $925 million announcement
The foreign exchange (FX) turnover on the Nigerian official market crashed by 39.95% on Monday.
Afrexim Bank disburses another $925 million under NNPC $3.3 billion loan
Afrexim bank have announced the disbursement of $925 million- another tranche of the $3.3 billion crude oil backed loan agreement ...
Nigeria becomes 16th country to sign Afrexim Bank trade development fund
Nigeria has officially signed the Establishment Agreement for the Fund for Export Development in Africa (FEDA), an impactful investment platform ...
Africa Energy Bank set to start operations this year with $5 billion capital
The proposed Africa Energy Bank which will help in funding oil and gas projects across Africa is set to begin ...
Italian development organisation signs €100 million MoU with Afrexim bank to support food security in Africa
The Italian international development financial organization, Cassa Depositi e Prestiti S.p.A (CDP) and Afreximbank formalized an agreement with a Memorandum ...
CBN releases $500 million to clear more verified Forex liabilities
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its ...
