27 - 29 Apr 2021

Landmark Centre (Hotel), Lagos

Chinese banks commit $1.902bn to Nigerian port, railway projects

Dayo Oketola

Two Chinese banks –Export-Import Bank of China and the China Development Bank –have committed in loans about $1.902bn into railway and deep seaport projects in Nigeria.

The Commercial Consul, Consulate General of the People’s Republic of China in Lagos, Mr Liu Junsheng, made this disclosure on Tuesday, during a press briefing on China’s second Belt and Road Forum for International Cooperation, held in Beijing between April 25 and 27. via @BUSINESS & ECONOMY