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AFREXIMBANK
News and anlysis about AfreximBank
The African Export-Import Bank (Afreximbank) urged African countries to prioritize Export Trading Companies to boost SMEs’ involvement in...
In a strategic move aimed at stabilizing the Naira and mitigating fuel pump price escalation to N720 from N615/N617 per litre without resorting to the contentious fuel subsidy framework,
O’tega Ogra, the Senior Special Assistant to President Bola Ahmed Tinubu on Digital and New Media has provided some insights into understanding the $3 billion crude repayment loan signed between the Nigerian National Petroleum Company Limited and AfreximBank that was announced earlier today.
Tinubu has expressed his commitment to sustaining the removal of fuel subsidy and the unification of Nigeria's exchange rates, as these measures are expected to contribute to the creation of a more competitive economy in the country.
The Africa Trade Gateway (ATG), was officially inaugurated manners. ng by Afreximbank in collaboration with the AfCFTA.
The financing is deployed under Afreximbank's Trade Facilitation Programme (AfTRAF) which is part of the Bank's strategy to assist African banks to enhance and complement existing trade finance lines.
Positive sentiment witnessed on the shares of Geregu Power Plc resulted in a 10% or N33.500 billion during yesterday's trading session
In order to help African financial institutions and their clients facilitate international trade, Afreximbank has announced the commercial...
Afreximbank has announced the appointment of Kanayo Awani as the new Executive Vice President of the Intra-African Trade Bank (INAT).
PAC Capital Limited has raised US$300 million funding from Afreximbank on behalf of Titan Trust Bank to support the acquisition of majority stake in Union Bank Plc.
Afreximbank has disbursed 150 million dollars to First Bank of Nigeria Ltd., under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA).
TTB has received a $300 million Intra-African Investment Financing Facility from Afreximbank to help it acquire a controlling share in Union Bank of Nigeria.