LONDON, Sept 27 (Reuters) - Afrexim Bank is tapping oil traders to finance a $3 billion loan to Nigeria's state oil company that is central to the country's efforts to support the naira, three sources ...

LONDON, June 17 (Reuters) - The chances of Afreximbank getting involved in a debt restructuring have increased, JPMorgan said on Tuesday, a development that could prompt ratings agency Fitch to lower ...

The biggest annual fair in West Africa is just few days away! For this year’s edition to be bigger than the previous editions, the Lagos Leather Fair (LLF) 2023 edition has secured major sponsorship ...

Cairo (Egypt) — As a further demonstration of the African Export – Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, ...

Nigeria has taken a significant step forward in its bid to boost international trade with the unveiling of the Africa Quality Assurance Centre (AQAC) in Imo State, courtesy of the African ...

The bank will build a hospital in Abuja and deliver 40 million doses of COVID-19 vaccines to Nigeria. Osinbajo made the observation at the Presidential Villa while interacting with a delegation from ...

The Egypt-based African Export-Import Bank (Afrexim) is planning to launch the syndication of a $250m loan deal on 8 April. The export credit agency has appointed nine mandated lead arrangers to run ...

State oil company, the Nigerian National Petroleum Company Limited is currently seeking to borrow about N2.3tn ($3bn) from the Afrexim Bank to support the naira, according to a report. A report by ...

Following International Oil Companies’ (IOCs) withdrawal from investment in the oil and gas industry, the African Export Import Bank (Afrexim) and the African Petroleum Producers Organisation (APPO) ...

LONDON, Sept 27 (Reuters) - Afrexim Bank is tapping oil traders to finance a much-needed $3 billion loan to Nigeria's state oil company to help shore up the sliding naira currency, three sources told ...