FX turnover crashes by 75.98% to a three-week low on Thursday
The foreign exchange (FX) turnover on the Nigerian official market crashed by 75.98%, hitting a three-week low on Thursday.
Tag: AFREXIM bank
FX turnover records first crash after Afrexim Bank’s $925 million announcement
The foreign exchange (FX) turnover on the Nigerian official market crashed by 39.95% on Monday.
Afrexim Bank disburses another $925 million under NNPC $3.3 billion loan
Afrexim bank have announced the disbursement of $925 million- another tranche of the $3.3 billion crude oil backed loan agreement ...
Nigeria becomes 16th country to sign Afrexim Bank trade development fund
Nigeria has officially signed the Establishment Agreement for the Fund for Export Development in Africa (FEDA), an impactful investment platform ...
Africa Energy Bank set to start operations this year with $5 billion capital
The proposed Africa Energy Bank which will help in funding oil and gas projects across Africa is set to begin ...
Italian development organisation signs €100 million MoU with Afrexim bank to support food security in Africa
The Italian international development financial organization, Cassa Depositi e Prestiti S.p.A (CDP) and Afreximbank formalized an agreement with a Memorandum ...
CBN releases $500 million to clear more verified Forex liabilities
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars to various sectors in its ...
NNPCL to deploy Afrexim bank’s $3.3 billion loan for operational expenses and tax to FG
On Sunday, the Nigerian National Petroleum Company Limited announced its intention to utilize the $3.3 billion loan obtained from the ...
Afreximbank, UBA Announces an Initial Disbursement of US$2.25 billion Under a syndicated US$3.3 billion Crude Oil Prepayment Facility
Afreximbank has arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the NNPCL.
AFREXIM Bank, China’s Export-Import bank agree $600million facility for trade finance
The African Export-Import Bank and Export-Import Bank of China (CEXIM) have agreed $ 600 million deal to facilitate trade.
