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Tag: $1.2 Billion

AfCFTA: Fed Govt To Grow States’ Export Capacity To $1.2bn

AfCFTA: Fed Govt To Grow States’ Export Capacity To $1.2bn   The Federal Government, through the National Action Committee on African Continental Free Trade Agreement, said on Monday that the first of its strategic goals under the AfCFTA implementation plan is to grow the export capacity...

‘Nigeria, Korea Trade Drop To $1.2bn In 2020’

'Nigeria, Korea Trade Drop To $1.2bn In 2020'       The value of the trade between Nigeria and South Korea has declined from $2.6bn in 2017 to $1.2bn in 2020 as a result of the fall in global oil prices. Disclosing this at an interactive session with journalists...

FG To Borrow $1.2bn For Agric Mechanisation

FG To Borrow $1.2bn For Agric Mechanisation     The Federal Government is set to borrow $1.2bn from the Dutch Bank and the Development Bank of Brazil to provide for mechanised agriculture in Nigeria. Senior Special Adviser to the President on Agriculture, Andrew Kwasari, told journalists in Abuja...

Fed Govt Seeks New $1.2bn Loan From Brazil

Fed Govt Seeks New $1.2bn Loan From Brazil       The Federal Government is seeking a $1.2bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly. The Minister of Finance, Budget and National...

Nigerian Venture Plans To Raise $1.2bn To Plug Power Gap

Nigerian Venture Plans To Raise $1.2bn To Plug Power Gap     A Nigerian venture plans to raise N480bn ($1.2bn) over the next three years to buy electricity meters and help power distributors plug a revenue gap in Africa’s most populous nation. Less than a 10th of Nigeria’s...

Qatar Airways Refunds $1.2bn To Customers

Qatar Airways Refunds $1.2bn To Customers     Qatar Airways said it has paid out over $1.2 billion in refunds to almost 600,000 passengers since March. This, it stated was in demonstration of its commitment to honouring its obligations to passengers who need to change their plans...