The Federal Government of Nigeria has secured a syndicated loan of USD 747 million, coordinated by Deutsche Bank, to finance the first phase of the Lagos-Calabar highway. This funding supports the ongoing work on the section connecting Victoria Island to Eleko village, which is 47.47 kilometers long and already 70% completed, according to Nigerian authorities…....
Trending
- Sanlam Allianz Re parts ways with its CEO
- Afreximbank: a rating between Asian AAA and Western BBB
- UMOA-Titres: Niger raises 10 billion CFA francs at an exorbitant rate of 9.99%
- The S&P 500 reaches historical highs awaiting Federal Reserve decisions
- Ethiopia: Coffee exports bring in $268 million in July despite a decrease in volumes
- Tunisia: BFPME reduces its losses, but remains in the red zone
- Zimbabwean holding ZB Financial doubles its half-year profits
- Nigerian stock market loses around 210 million USD in one session
Deutsche Bank leads a syndicated loan of USD 747 million for Nigeria
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com