November 10, 2026
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Afrexim signs $1bn loans with Dangote

The African Export Import (AFREXIM) Bank has signed a $1billion memorandum of understanding (MoU) with the Dangote Group of Companies at the 24th Annual General Meeting of the bank holding in Kigali, Rwanda. AFREXIM Bank’s president, Dr. Paul Oramah, said “the deal was part of the bank’s bid to expand businesses in Africa through disbursement […]
BUSINESS

Customs begins online auction of seized goods

The Nigerian Customs Service on Monday unveiled an electronic auction platform by which cargoes that have been forfeited to the Federal Government could be sold to Nigerians through a transparent bidding process. The unveiling of the e-auction platform was performed at the headquarters of the NCS by the Comptroller-General of Customs, Col Hameed Ali (Rtd). […]