Wednesday 17 July 2024
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- 28 days ago

Nigeria, Afreximbank Seal $3.5bn Investment Agreement

By Adedapo Adesanya  Nigeria has announced a $3.5 billion agreement with Afreximbank to enhance the textile industry and promote the use of Compressed Natural Gas (CNG) vehicles, among other initiatives. The Minister of Industry, Trade and Investment, Mrs Doris Uzoka-Anite, in a statement on X said the deal was signed with the international financial institution during the 31st Afreximbank Annual Meeting in Nassau, The Bahamas. She stated that the agreement will help realize President Bola Ahmed Tinubu’s vision for a diversified and prosperous Nigerian economy. “I am pleased to report that a groundbreaking $3.5 billion MOU agreement between the @TradeInvestNG


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