Tag: InvestAdvocate

Nigeria says China offered $6 billion loan for infrastructure

Tue Apr 12, 2016/Reuters By Felix Onuah China has offered Nigeria a loan worth $6 billion to fund infrastructure projects, the Nigerian foreign minister said on Tuesday. The announcement came as both countries signed a currency swap deal to boost trade. Nigeria has been in talks with China on an […]

Dangote Seals $2 Billion Loan Deal with Chinese Bank for 2 Cement Plants-Reuters

  By InvestAdvocate Lagos (INVESTADVOCATE)- Africa’s richest man, Aliko Dangote said on Tuesday Dangote Group has signed a $2 billion loan deal with  the Industrial Commercial Bank of China Ltd for two (2) cement plants, according to a Reuters report. “The interest rate is okay, quite favorable with me,” Dangote […]

FirstBank’s DMD Hosts SME Entrepreneurs at EDC Breakfast Session

April 12, 2016/FirstBank Consistent with its quest to build capacity amongst SME players and deepen the development of small and medium scale businesses in Nigeria, FirstBank’s Deputy Managing Director, Gbenga Shobo will play host to over 100 SME entrepreneurs across various business sectors at the maiden edition of the 2016 […]