African Export-Import Bank (Afreximbank) has launched a pan-African payment and settlement system (PAPSS), a financial market infrastructure, to enable cross-border payments in local currencies across different markets in the continent In a statement on Tuesday, Afreximbank...
African Export-Import Bank (Afreximbank) has recorded a net income of $168.9 million for the six months ended June 30. This is a 12 percent increase over $150.75m recorded in 2020. According to the bank, the rise...
Without data from Lagos State, which has been leading the daily toll in the third wave, Rivers State led with 170, as Nigeria reported a total of 375 new cases and 6 deaths. The 357 new...
The Federal Government announced yesterday that it has spent N122bn in purchasing 29 million doses of J&J COVID vaccine. Executive Director of the National Primary Health Care Development Agency (NPHCDA) Faisal Shuaib made the announcement as...
The African Export-Import Bank (Afreximbank) says it will invest $2.5 billion in Nigeria to support critical infrastructure projects in the country. President of Afreximbank Benedict Oramah announced this on Thursday when he led a delegation of...
AFREXIMBANK has set up a $1billion African Continental Free Trade Agreement (AfCFTA) Adjustment Facility to help member states adjust to the new trade regime and sudden losses in tariff revenue as a result of its...