UK and Nigeria agree billion-dollar export finance deal to refurbish ports

UK and Nigeria close nearly $1 billion deal to redevelop Nigerian ports.

Source: Reuters (via feed)




Britain and Nigeria announced a £746 million ($990.32 million) export finance deal on Thursday.

The funding is for the redevelopment of two of Nigeria’s main trading ports.

The deal aims to support work at these ports.

No further details on the projects were provided in the announcement.

BizTrendWire Insight:

The announcement involved a financing agreement for port redevelopment in Nigeria.


Read full story on Reuters

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