FG Receives $2.25bn Afrexim Bank Loan - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › FG Receives $2.25bn Afrexim Bank Loan (411 Views)
| FG Receives $2.25bn Afrexim Bank Loan by Omooba77(op): 8:57am On Dec 30, 2023 |
The Federal Government on Friday received a $2.25b foreign exchange support facility from the African Import-Export Bank. The Minister of Finance, Wale Edun, confirmed this to Arise TV, said it is the first tranche of the $3.3bn facility from the bank. He noted that the loan was aimed at resolving the acute FX shortage that has hampered the economy. According to the report monitored by our correspondent, the balance of $1.05bn will be received in the first week of January. Afreximbank supports Parallex Bank with trade-financing facility Edun stated that work has commenced for solutions to Nigeria’s economic challenges. In August, the Nigerian National Petroleum Company Limited announced that it had secured a $3bn emergency loan from the Afrexim Bank to stabilise the country’s volatile foreign exchange market. https://punchng.com/fg-receives-2-25bn-afrexim-bank-loan/ 1 Like |
| Re: FG Receives $2.25bn Afrexim Bank Loan by AqualinaXYZ: 8:58am On Dec 30, 2023 |
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| Re: FG Receives $2.25bn Afrexim Bank Loan by OkpaNsukkaisBae(m): 8:58am On Dec 30, 2023 |
law |
| Re: FG Receives $2.25bn Afrexim Bank Loan by 01Deji: 8:59am On Dec 30, 2023 |
How are we servicing these loans |
| Re: FG Receives $2.25bn Afrexim Bank Loan by atiku4President(m): 9:00am On Dec 30, 2023 |
I hear |
| Re: FG Receives $2.25bn Afrexim Bank Loan by PlayMaker14: 9:01am On Dec 30, 2023 |
“Borrow Borrow make me shine” government 2 Likes 1 Share
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| Re: FG Receives $2.25bn Afrexim Bank Loan by Totilopussylick(m): 9:08am On Dec 30, 2023 |
They'll share it as a token in the national assembly  01Deji: |
| Re: FG Receives $2.25bn Afrexim Bank Loan by RepoMan007: 9:25am On Dec 30, 2023 |
Another one for the giant of ... |
| Re: FG Receives $2.25bn Afrexim Bank Loan by Kukutenla: 9:30am On Dec 30, 2023 |
Work has commenced by taking loans Oga Edun should stop playing and come up with novel ideas to solve our fiscal issues. He's been overly concerned with monetary issues since he took office that it looks as if Cardoso is just a figurehead. I fear he may be the Emefiele while Cardoso will be the Zainab Ahmed in this administration |
| Re: FG Receives $2.25bn Afrexim Bank Loan by Omooba77(op): 10:47am On Dec 30, 2023 |
What of the N10bn..... |
| Re: FG Receives $2.25bn Afrexim Bank Loan by Ikaeniyan0: 11:06am On Dec 30, 2023 |
Good news It should have a positive effect on the value of the naira in few days time |
| Re: FG Receives $2.25bn Afrexim Bank Loan by Omooba77(op): 11:44am On Dec 30, 2023 |
Nlfpmod.... |
| Re: FG Receives $2.25bn Afrexim Bank Loan by RepoMan007: 1:38pm On Dec 30, 2023 |
Ikaeniyan0:Really? What happens when repayment is at hand? |
| Re: FG Receives $2.25bn Afrexim Bank Loan by Omooba77(op): 3:37pm On Dec 30, 2023 |
PlayMaker14:No plan than borrowing..... |
| Re: FG Receives $2.25bn Afrexim Bank Loan by PlayMaker14: 5:32pm On Dec 30, 2023 |
Omooba77:  |
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