The Afreximbank has drummed up support for the newly launched Investopedia, a digital platform to attract investment and close Nigeria’s infrastructure gap, by the Nigerian Governors’ Forum. Representing Afreximbank at the platform launch, Director, Client Relations (Anglophone West Africa – AWAF), Peter Olowononi, described the developm...
Oando Plc, yesterday, announced an increase in its Reserve Based Lending (RBL2) facility to $375 million. A reserve-based lending facility is a type of loan commonly used in the oil and gas industry, where the amount a company can borrow is determined primarily by the value of its proven oil and gas reserves. Financing arrangements […]
•Tinubu and Musawa The Federal Executive Council (FEC) meeting presided over by President Bola Tinubu yesterday approved the establishment of CreÂative Economy DevelopÂment Fund to pool resourcÂes for those in the creative industry. Minister of Art, CulÂture, Tourism and Creative Economy, Hannatu MusaÂwa, revealed this shortly after the meetin...
•Hannatu Musawa The Minister of Arts, Culture, and the Creative Economy, Barrister Hannatu Musa Musawa, has secured a $200 million financing facility with the African Export-Import Bank (Afrexim Bank) to support the growth of the country’s creative industries. The elated Minister Musawa said that this partnership with the African Export–Import...
In its bid to promote medical industrialization and make more drugs and facilities readily available to Nigerians in need of medicare, the federal government has secured Afreximbank funding to the tune of $1 billion. At the same time, the federal government is set to release the first tranche of N50 billion to boost health care […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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