September 20, (THEWILL) – In a significant move to advance the Bakassi Deep Seaport project, major stakeholders have formally endorsed their commitment to supporting and overseeing the realisation of the project.
Key stakeholders who pledged their dedication to the project...
February 25, (THEWILL) - The Federal Ministry of Health and Social Welfare and African Export–Import Bank (Afreximbank), have signed a Memorandum of Understanding (MoU) to support the development of Nigeria’s healthcare sector under the Presidential Initiative for Unlocking Healthcare...
February 21, (THEWILL) - President Bola Tinubu has said his administration is strongly committed to providing excellent healthcare facilities for all Nigerians and will continue to prioritise domestic and foreign direct investments in the sector.
The President made these remarks...
January 14, (THEWILL) - African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL).
An initial disbursement of US$2.25 million has been made. A...
December 29, (THEWILL) - Nigeria’s much awaited $2.25 billion foreign exchange support facility from the Afreximbank is expected to arrive today, Friday, December 29, 2023.
The facility agreement which the Nigerian National Petroleum Company Limited (NNPCL) signed in September 2023...
November 18, (THEWILL) - Ogun State is to benefit from a N500 billion financial support being packaged by the African Export-Import Bank (Afreximbank) in conjunction with Access Bank.
The Gateway state is to benefit from the fund along with three...
The announcement by the Nigerian National Petroleum Company Limited (NNPCL) on August 16, 2023 that it had secured a $3 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank to stabilise the naira, has generated mixed reactions.
While...
August 16, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL) said it has jointly signed a commitment letter and Termsheet with Afreximbank for an emergency $3 billion crude oil repayment loan that will stablise the volatile foreign...
December 15, (THEWILL) – The African Export-Import Bank (Afreximbank) and US Eximbank have signed a $500m Memorandum of Understanding (MoU) to boost trade and investment in Africa.
President and Chairman of the Board of Directors, Afreximbank, Prof. Benedict Oramah, disclosed...
November 04, (THEWILL) - A collaboration deal between the African Export-Import Bank (Afreximbank) and Silverbird Group has been struck, to build a “world-class” film, studio complex in Lagos, Nigeria.
Ben Murray-Bruce, the founder of Silverbird Group and Helen Brume, Head,...
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.
