The new President and Chairman of the Board of Directors of the African Export-Import Bank, George Elombi, on Saturday disclosed that Africa’s richest man, Aliko Dangote, is seeking an additional $5bn to expand his refinery in Lagos.

Nigeria's Annual Loss to Medical Tourism Hits $1.1bn - Afreximbank   The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the...

A recent report released by the African Export-Import Bank (afreximbank) says three countries, South Africa, Egypt, and Nigeria, are responsible for one-third of Africa’s external debt stock.

Afreximbank Funds Boost Nigeria's Economy with $50bn - Oramah   Afreximbank has disbursed a total of $50bn in Nigeria over the past decade, making significant contributions to the country’s key sectors, including energy, manufacturing, healthcare, transport, and financial services. The President and Chairman of the Board of...

Nigeria is one of the 10 African countries that collectively hold 69 per cent of the continent’s total external debt, according to a report by Afreximbank Research.

The Federal Government of Nigeria and Afreximbank have signed the host Country agreement for the 32nd Afreximbank Annual Meetings (AAM) in Abuja.