Nigeria Saves $500m From Ban On Barley Malt, Says Onu   Minister of Science and Technology Dr. Ogbonnaya Onu has said the Federal Institute of Industrial Research Oshodi (FIRRO), Oshodi, along with other institutes, have developed over 250 technologies towards supporting the agro allied sub-sector of...

Nigeria Spends $500m On Importation Of Palm Oil ― Emefiele   A whooping sum of $500 million of the country’s scarce foreign exchange is presently being expended annually on the importation of palm oil, the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has...

Afreximbank’s Intervention In Maritime Now $500m   The African Export Import Bank has said that its intervention in the maritime sector in the last three years include more than $500m facilities for the Onne Port expansion in the Onne FTZ, Nigeria, Gabon, Cote D’ivoire, vessel finance...

Total’s Ikike Project Gulps $500m - NCDMB   The Nigerian Content Development and Monitoring Board, (NCDMB) has said the execution of Total Exploration and Production Nigeria’s Ikike Field Development Project would gulp at least $500 million and the project is expected to deepen Nigerian Content implementation,...

AfDB Seals $500m Credit Insurance Deal With ATI   The African Development Bank (AfDB) and the African Trade Insurance Agency (ATI) have announced the successful completion of a $500m credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa. This...

China Devt Bank, Afreximbank To Support Africa’s Trade Infrastructure With $500m The China Development Bank (CDB) has signed an agreement with the African Export-Import Bank (Afreximbank) to provide a $500 million facility to the latter. The facility is expected to enable the African trade finance bank...