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Afreximbank’s loan approvals to Nigeria rises to $5.5 billion

Christian Fernsby |
Afreximbank’s total loan approvals to Nigeria has now reached $5.5 billion, accounting for 26.8% of its  African portfolio.

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This was disclosed by Dr George Elombi, Afreximbank’s Executive Vice President of Corporate Governance and Legal Services, at the intra African Trade Fair 2021 official Nigeria high level roadshow in Lagos on Monday, according to The Sun.

“Accounting for about 52% of the total population of West Africa, Nigeria stands to benefit the most from an intra African trade fair, an event intended to enhance the trade of African states among themselves, and to meet the objectives of Agenda 2063 as declared by African Heads of State,” he said.

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Highlights: December 9 - December 14, 2019