Category: Diplomatic Channel

Positive reports on Nigerian diplomacy and international relations!

EIB & UBA Agree Record €60 million New Private Sector Investment Programme

Private Sector Investment

The European Investment Bank (EIB) and United Bank for Africa (UBA) have agreed on a new €60 million lending programme to support private sector investment in Nigeria to provide longer term loans traditionally available to companies in the country

United States Government – USAID $92.73 million Developmental Assistance

poverty

United States Government has announced the sum of $92.73 million in developmental assistance to support the five-year $2.3 billion agreement signed with the Federal Government in 2015 to assist Nigeria reduce extreme poverty in a more stable, democratic society

$310 million AfDB Trade Finance Support to Ecobank

AfDB trade finance

The African Development Bank (AfDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group to provide critical trade finance funding to support economies in which Ecobank is present, primarily through support to SMEs and local companies involved in import-export activity