Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn
The African Export-Import Bank has reported a stellar financial performance for the 2025 fiscal year, characterised by significant bottom-line growth and a massive expansion of its balance sheet to support trade across the continent.
The bank’s net profit...
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...