4 results
- 16 Dec 2018
AfDB Board Approves Bank’s Borrowing Program for 2019
The Board of the African Development Bank has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion to be raised from the capital markets. The African Development Bank…
- 9 Apr 2024
Nigeria to Get Oil-Backed $1Bn Afreximbank Loan in May
Nigeria is set to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive its economy and boost the supply of hard currency on the local foreign exchange market.…
- 17 Apr 2026
CBN Introduces Overnight Financing Rate to Compete with US, EU
Central Bank of Nigeria (CBN), in collaboration with financial market dealers, has introduced the Nigerian Overnight Financing Rate (NOFR), a standardized benchmark designed to enhance transparency…
- 23 Apr 2026
Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan
President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.…