Afreximbank Loan

Dangote Industries Limited's (DIL) rising liabilities and liquidity pressures have cast a shadow over the Cement Subsidiary, placing it on GCR Ratings' Rating Watch Negative. The downgrade watch applies to Dangote Cement's national scale…

The Bank of Industry (BoI) says the 750 billion dollars loan facility by the African Export-Import Bank (Afreximbank) will be used to fill the funding gap in Nigeria’s industrial sector. The bank’s Managing Director/Chief Executive…