Ado Ekiti, capital of Ekiti state, will be connected to Lagos-Kano rail line, the Minister of Transportation, Rotimi Amaechi said today as he signed a $6.68 billion dollars contract agreement for the […]
A new report by the African Development Bank (AfDB) has quantified Africa’s infrastuctural requirement. AfDB made this disclosure on Thursday at a news conference in to announce its annual meeting.
The Central Bank of Nigeria (CBN) says on Thursday that it has signed the bilateral Currency swap agreement with the the Peoples Bank of China (PBoC).
A statement by the apex Acting Director of Communications, Mr Isaac Okorafor noted that the Governor Mr. Godwin Emefiele, led CBN officials while PBoC Governor, Dr. Yi Gang, led Chinese team at the official signing ceremony in Beijing, China.
It said the agreement was signed on April 27th adding that it was an outcome of over two years of painstaking negotiations by both Central Banks.