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Top 10 banks with highest prime lending rates for manufacturing firms in Nigeria
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British investment group commits $65 million to Indorama fertiliser plant for expansion projects
British International Investment (BII) has pledged $65 million to support the expansion efforts of Indorama Eleme Fertilizer and Chemicals in Nigeria. This financing agreement is a part of a larger $1.25 billion financial package designed to assist Indorama, Sub-Saharan Africa’s foremost fertilizer manufacturer, in augmenting its production capabilities and establishing a new port terminal for […] More
Buzzapp MasterCustoms FX rate for cargo clearance drops by N124 to N1,448/$
The exchange rate charged by the Nigerian Customs Service (NCS) for cargo clearance and import duties collection has dropped significantly from N1,572.5/$ to N1,448.38 to the USD. This is a reduction of N124.12 from the previous figure. The new figure reflects the prevailing exchange rate on the CBN’s official window. Nairametrics earlier reported the naira […] More
