Afreximbank

We’re Determined To Succeed In Healthcare – Tinubu Assures Afreximbank

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...

Afreximbank, UBA Announce Initial Disbursement of US$2.25bn Under Crude Oil Prepayment Facility

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...

Nigeria’s $2.25bn Afrexim FX Support Facility Expected Today

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...

Ogun, Three Other States To Benefit From N500bn Afreximbank Support Fund

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...

$3bn Afreximbank Loan: Mixed Reactions Trail NNPCL’s Search for Stable Naira

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...

NNPC Ltd Secures $3bn Afreximbank Loan to Stablise Foreign Exchange Market

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...

Afreximbank, US Eximbank Sign $500m MoU To Boost Trade, Investment In Africa

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...

Afreximbank, Silverbird Sign MoU To Construct World Class Film, Studio Complex In Lagos

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,...

Afreximbank Closes Successful $1.3 Billion Bond

BEVERLY HILLS, May 18, (THEWILL) - The African Export-Import Bank (Afreximbank) has closed a US$1.3 billion dual tenor bond issuance, being its largest-ever transaction in the international debt capital markets. Afreximbank, in a statement released on Tuesday, said it printed...

NEXIM, Afreximbank Mobilise $50m Funding For Nigerian SMEs

BEVERLY HILLS, March 31, (THEWILL) – The Nigerian Export-Import Bank has announced its partnership with the African Export-Import Bank to mobilise the sum of $50 million to support Small and Medium Enterprises in Nigeria. NEXIM said that the $50 million Project...
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Country Music Legend, Dolly Parton, Dies at 80

Her family announced her death Tuesday, with her nephew Bryan Seaver sharing the news in a video on social media. Seaver, who served as Parton’s head of security for more than two decades, said she had asked him years ago to make the announcement.
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