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Indigenous oil company, Oando Plc, has announced that it contributed $550m to the $925m disbursed to the Federal Government by the African Export-Import Bank under the $3.3bn crude oil-backed finance facility sponsored by the Nigerian National Petroleum Company Limited.
As the naira continues to weaken near the 1,500/dollar band at the official and parallel foreign exchange market, the Federal Government has received a lifeline of $925m from the Afrieximbank to boost the forex market and meet its dollar obligations.
Bank BTPN, SMBC Drive Sustainable Growth with US$450 Million Syndicated Loan to IMGSL Bank BTPN and SMBC aim to support business sustainability in Indonesia through the...
Telecom Egypt, Egypt's leading telecom operator, today announced a $200m medium-term loan agreement with Banque Misr, UAE. The loan will be
Telecom Egypt, Egypt's leading telecom operator, today announced a $200m medium-term loan agreement with Banque Misr, UAE. The loan will be used to refinance