Afreximbank disburses $15 billion for intra-African trade
The African Export-Import Bank (Afreximbank), said it has already disbursed $15 billion out of the $25 billion it committed in support of intra-African trade, under its current five-year strategic plan.
‘Political will to drive Africa’s railway modernisation’
For Nigeria among other African countries to benefit from railway modernisation, there is a need for political will and commitment to supporting the integration of railway networks across the continent.
Grab AfCFTA opportunity now, Afreximbank tells Nigeria, others
The African Continental Free Trade Area (AfCFTA), described as the catalyst for generating massive increase in intra-African trade, is beckoning on Nigeria, and the rest of the continent’s economies to grab.
How legitimate businesses paid huge cost for reduced cross-border smuggling
The Federal Government, through some of its agencies, have recorded some gains in the fight to curb smuggling across the country’s land borders, especially for commodities like rice and petrol. With this success comes a huge cost to the country and several businesses in terms of revenue loss.
‘Why investment in Nigeria’s oil, gas is elusive’
With over N3 trillion yearly losses due to the non-passage of the Petroleum Industry Bills (PIBs), the Nigerian National Petroleum Corporation (NNPC), yesterday, in Abuja...
Afreximbank, UN chief task African leaders on manufacturing, trade
Amid efforts to get the African Continental Free Trade Agreement (AfCFTA) take off effectively, African Export-Import Bank (Afreximbank), has urged the continent’s leaders to create vehicles..
Afreximbank's $1b adjustment facility for AfCFTA debuts
Following the official take off of the African Continental Free Trade Area (AfCFTA) last weekend, the region's largest trade bank - African Export-Import Bank (Afreximbank), has unveiled a $1billion financing tagged: "AfCFTA Adjustment Facility".
Heritage Bank seeks stronger Nigeria-Russia partnership
The Managing Director/Chief Executive Officer of Heritage Bank Limited, Ifie Sekibo, has called for stronger partnership between Nigeria...