NIGERIA — The African Development Bank (AfDB) approved a $75 million loan for Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited as part of a $1.25 billion facility arranged by the International Finance Corporation (IFC), which will enable the firm to increase its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets while fostering job creation in the country... businesspost.ng
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Mon Apr 14 2025 18:39:46 GMT+0000 (Coordinated Universal Time)
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AfDB has approved a $75 million loan for Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited
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Published (Updated) on Friday, March 29, 2024
• Bank of England holds interest rates unchanged at 4.5 percent on Thursday
• Ex Rivers State Governor Nyesom Wike (Now FCT Minister) Receives Godswill Akpabio the Senate President of Nigeria at His Residence in Abuja on Tuesday 18th, March 2025 - Photo News
• Nigerian President Bola Tinubu Receives N705 Millionaire Naira Donation from House of Representative Led by Speaker Tajudeen Abbas and Deputy Speaker Benjamin Kalu - Photo News
• Naira Exchange Rate - Conversion of United States Dollar (USD) and British Pound Sterling (GBP) to Nigerian Naira (NGN) at CBN Rates - Nigeria Currency Converter Calculator
• Nigeria has secured at least $1.25 billion in loans from the World Bank and AfDB to boost electricity supply under Tinubu
• World Health Organization has certified Egypt as malaria-free, marking a significant public health milestone
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