AGS NEWS – The African Export-Import Bank (Afreximbank) has announced that it facilitated $650 million for Oando’s acquisition of a 100% stake in the Nigerian Agip Oil Company Ltd. In a statement released on Friday, the bank disclosed that it … Continue reading Afreximbank facilitates $650m for Oando’s acquisition of NOAC
AGS NEWS – The African Export-Import Bank has released its financial statements for the first quarter ending March 31, 2024, showing strong performance despite challenging geopolitical and economic conditions. The bank experienced year-on-year growth and an increase in shareholder value. … Continue reading Afreximbank’s Q1 2024 net interest income rises to $393.4M
AGS NEWS – Nigeria is on track to secure a $1.05 billion syndicated loan backed by oil from the African Import Export Bank in the coming month. This loan is part of a larger $3.3 billion prepayment facility arranged by … Continue reading FG set to secure $1bn Afreximbank loan in May
AGS NEWS 