WorldStage Newsonline– First Bank of Nigeria has received a major boost to finance the needs of its numerous clients engaged in oil and gas and energy, manufacturing, telecommunications and associated infrastructure projects with a $200 million facility from Afreximbank.
Afreximbank and First Bank of Nigeria signed the loan deal at the 31st Afreximbank Annual Meetings in Nassau, Bahamas.
The parties who signed the agreement included Olusegun Alebiosu, Acting CEO, FBN; Awani Kanayo, Executive Vice-President, Intra-African Trade Bank, Afreximbank; and Viswanathan Shankar, CEO, Gateway Partners, on behalf of African Credit Opportunity Fund.
The 31 AAM2024 with the theme: “Owning our Destiny: Economic Prosperity on the Platform of Global Africa” was held in Nassau, The Bahamas from June 12 to June 15.
