NNPCL Chief Assures Judicious Use of Afreximbank’s Project Gazelle Funding
The US$925 million accordion arrangement raises the total amount disbursed to US$3.175 billion.
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After Ogun State, Afreximbank Sites Another African Quality Assurance Center in Imo State
So far, the Bank and ARSO have harmonized over 500 standards in the automotive, medical, and pharmaceutical equipment sectors.
Outcome of CBN Meeting with IFC
Both the CBN and IFC aim to invigorate Nigeria’s banking industry by fostering the development of financial products that meet the country’s needs and catalyze the financial ecosystem.
BoI, Katsina Earmarks N5bn For Economic Projects
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
Food and Beverages Sector in Nigeria Holds Largest Manufacturing Shares
The Food, Beverage, and Tobacco sub-sector, accounted for 34 percent of the entire manufacturing sector in Nigeria and contributed approximately five percent to the GDP in 2022. Mr. Ekuma Eze, the Head of Corporate Affairs & Sustainability at Rite Foods Limited, disclosed this during the 2024 annual general meeting of the Food, Beverage, and Tobacco…
FG Lauds Nedogas’ Kwale Gas Gathering Facility in Delta State
The facility was designed to address one of the most pressing challenges in the energy sector—stranded gas resources, by providing infrastructure for gas gathering, compression, injection, metering and reducing gas flaring in the area.
Heirich Boll Foundation Shares Renewable Energy Knowledge With Women Entrepreneurs
By leveraging renewable energy technologies and innovative financing models, we can drive sustainable growth and create a more equitable playing field.
Global public debt hits $97trn in 2023 – UNCTAD
Said the report: “The number of African countries with debt-to-GDP rations above 60 percent has increased from 6 to 27 between 2013 and 2023.
Korea Pledges $14bn Export Financing For Korean Companies in Africa
Adesina also highlighted the deep relationship between Korea and the Bank, starting from 1982 when Korea became a member of the Bank.
Benedict Peters’ Bravura Holdings Launches Zimbabwe’s First World-class Lithium Facility
The lithium facility with the capacity to process over five million tons of ore annually, is set to position Zimbabwe as a formidable player in the global lithium market.