The event, organised by the African Export-Import Bank (Afreximbank), is expected to strengthen Nigeria’s position in Africa’s creative economy by connecting cultural influence with commercial opportunities.
Nigeria, Benin Republic and Cameroon have moved to modernise their shared border corridors and integrate their Customs systems as part of efforts to accelerate cross-border trade and advance implementation of the African Continental Free Trade Area (AfCFTA).
July 05, (THEWILL) — The Federal High Court in Lagos has reserved ruling until September 29, 2026, on a preliminary objection filed by the African Export-Import Bank (Afreximbank) challenging the court's jurisdiction to hear an intellectual property infringement suit...
April 16, (THEWILL) — African Export-Import Bank (Afreximbank) posted a profit of US$1.15 billion (about ₦1.5 trillion) for 2025, up from US$973.5 million (₦1.3 trillion) recorded in 2024, reflecting stronger earnings and continued balance sheet expansion.
The improved performance was...
March 31, (THEWILL) — African Export-Import Bank has raised $2 billion through a three-year dual-tranche syndicated term loan facility, marking the largest borrowing in the bank’s history. The milestone was announced in a press statement dated March 30, 2026,...
January 23, (THEWILL) — The African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings, signalling a strategic shift in how the pan-African lender evaluates and communicates its creditworthiness to investors.
Fitch Ratings, one of the world’s...
June 30, (THEWILL) — In a landmark step toward financial sovereignty and economic integration, Africa has launched its first continent-wide card scheme, PAPSSCARD, designed to facilitate seamless, secure, and cost-effective transactions across African borders.
The PAPSSCARD was formally unveiled on...
June 28, (THEWILL) — The African Export-Import Bank (Afreximbank) has announced the appointment of Dr. George Elombi as its next President and Chairman of the Board of Directors. The decision was ratified during the Bank’s 32nd Annual General Meeting...
January 16, (THEWILL) – Leading development financing institution, Afreximbank, has indicated its interest to collaborate with Nigeria on aircraft financing.
This significant milestone in Nigeria's aviation sector was achieved during a side meeting held with the Afreximbank team at...
November 11, (THEWILL) - The African Export-Import Bank (Afreximbank) has signed a Term Sheet with Mediwood Studios, securing a US$3 million facility to support the expansion of the Tunisian studio’s operations.
The agreement, formalised on the sidelines of the...
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
