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AFC Closes Record US$1.5 Billion Syndicated Loan, Its Largest-Ever Facility

This facility enhances AFC’s financial capacity and further broadens its network of strategic partners, reinforcing the Corporation’s mission to catalyse infrastructure-driven economic growth and industrial development across Africa September 29, 2025/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a […]

PENGASSAN’s Directive, Criminal, Will Trigger Fuel Queues, Price Hikes, Revenue Loss – Dangote

September 28, 2025/Dangote Group Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to cut crude oil and gas supplies to the refinery could plunge Nigerians into fresh rounds of fuel scarcity while inflicting huge revenue losses […]

Nigeria’s Economy at a Crossroads: Rising Debts, Eased MPR, and Cost to Citizens

September 27, 2025 By Blaise Udunze Nigeria stands today at a troubling intersection where its ballooning debt profile and the 27 percent Monetary Policy Rate (MPR) collide to choke growth and deepen hardship. The Central Bank of Nigeria (CBN), in its wisdom, recently eased the benchmark rate, but at levels […]