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Nigeria did not mortgage property for China loan – Amaechi

By Taiye Elebiyo-Edeni The Minister of Transportation, Mr Rotimi Amaechi said on Monday that the Nigerian government did not mortgage any property to secure infrastructural...

Nigeria raises $2.86 billion Eurobonds to fund 2018 budget

The Federal Government on Wednesday said it has raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme.

African Development Bank cancels Nigeria’s $400m loan request

By Lefteris Karagiannopoulos   Oslo (Reuters) - The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, instead...

A.P. Moller Holding, others launch $550m fund for Africa’s infrastructural development

  A new international fund, totalling $550 million, to assist with infrastructural development in African countries has been launched by A.P. Moller Holding (www.APMoller.com) along...

Ghana asks IMF to extend aid deal, more money expected to...

  By Kwasi Kpodo ACCRA (Reuters) - Ghana's government has asked the International Monetary Fund to push back the end date of its $918 million aid programme...

AfDB members got $6.76bn loans/grants in 2013

African Development Bank (AfDB) said it approved a total of $6.76 billion as loans and grants to its Regional Member Countries (RMCs) in 2013. This...

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