Monday, August 8, 2022
MARKET UPDATE
Advertisement

TheCable

Tag "African Export and Import Bank (Afreximbank)"

Afreximbank approves $1bn facility to boost AfCFTA operations

    Afreximbank approves $1bn facility to boost AfCFTA operations

The African Export-Import Bank (Afreximbank) says it renewed its approval of a $1 billion facility to operationalise the African Continental Free Trade Agreement (AfCFTA) adjustment funds. In a statement issued

0 comment Read Full Article

Take advantage of AfCFTA to improve trade performance, stakeholders tell FG

    Take advantage of AfCFTA to improve trade performance, stakeholders tell FG

The African Export-Import Bank (Afreximbank) and other stakeholders have urged the federal government to deploy mechanisms to leverage the Africa Continental Free Trade Area (AfCFTA) to improve the country’s trade

0 comment Read Full Article

Russia-Ukraine war: Afreximbank to help Nigeria mitigate impact on food, fuel crises

    Russia-Ukraine war: Afreximbank to help Nigeria mitigate impact on food, fuel crises

The African Export-Import Bank (Afreximbank) says it will help Nigeria mitigate the food and fuel crises through the $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA). Launched

0 comment Read Full Article

Rising oil prices not good for Nigeria, says Sylva

    Rising oil prices not good for Nigeria, says Sylva

Timipre Sylva, minister of state for petroleum resources, says the increase in prices of global crude oil is not good for the country. Speaking on the rising crude oil prices

0 comment Read Full Article

Afreximbank to support Ogun infrastructural projects with $200m

  Afreximbank to support Ogun infrastructural projects with $200m

The African Export-Import (Afrexim) Bank has announced plans to invest $200 million in infrastructure projects and initiatives in Ogun state.

0 comment Read Full Article

NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

  NNPC seeks $1bn oil prepayment deal to revamp Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) is seeking a $1 billion oil prepayment deal to revamp its moribund Port Harcourt

0 comment Read Full Article

Afreximbank expands trade finance intermediary initiative, lists eight Nigerian banks

  Afreximbank expands trade finance intermediary initiative, lists eight Nigerian banks

The African Export-Import Bank (Afreximbank) has increased the number of its trade finance intermediaries (TFIs) to more than 65 in

0 comment Read Full Article

Obasanjo shuns VIP seat at Abuja event

  Obasanjo shuns VIP seat at Abuja event

Ex-President Olusegun Obasanjo on Friday caused a stir at the annual meeting of the African Export and Import Bank (Afreximbank) in

0 comment Read Full Article