The First Bank of Nigeria, FBN, is now well equipped to support business growth especially in capital intensive sectors like oil and gas and power.
This is coming aster Afreximbank and First Bank of Nigeria signed a 200million dollar facility agreement for financing the needs of FBN’s numerous clients. The signing took place at the 31st Afreximbank Annual Meetings (AAM2024) in Nassau, The Bahamas.
The facility will finance the needs of FBN’s numerous clients engaged in oil and gas and energy, manufacturing, telecommunications and associated infrastructure projects.
The parties who signed the agreement included Olusegun Alebiosu, Acting CEO, FBN, Awani Kanayo, Executive Vice- President, Intra-African Trade Bank (IATB), Afreximbank, and Viswanathan Shankar, CEO, Gateway Partners on behalf of African Credit Opportunity Fund.
The 31 AAM2024 held in Nassau, The Bahamas from June 12 to June 15, with the theme: “Owning our Destiny: Economic Prosperity on the Platform of Global Africa.
The AAM is taking place alongside the 3rd edition of the AfriCaribbean Trade and Investment Forum (ACTIF2024)
