He said the loan is taking effect as it helps to stabilize the financial system and acute FX shortage
The growth was credited to increase in loans and advances to customers.
There was relief in the forex market on Wednesday, as the naira appreciated at both the official I&E forex window…
He said Africa was losing as much as $5 billion yearly because such a payment system does not currently exist.
Africa’s multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a deal with the African Petroleum Producers Organisation…
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday disclosed that the African Export-Import Bank (Afreximbank) had invested more…
African Export-Import Bank (Afreximbank) has approved US$400,000 in grant funding to the National Institute for Pharmaceutical Research and Development (NIPRD)…
President of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank will supply a total of 40…
The African Export-Import Bank (Afreximbank) on Tuesday announced a $100 million financing to enable its member states procure COVID-19 related…