Daily Query

The liberal, independent, newspaper devoted to fair, balanced, and progressive ideas on Nigerian, African, and global affairs.

Nigeria Secures $747 Million Loan Led by Deutsche Bank for Lagos‑Calabar Highway

Nigeria has secured a US $747 million USD syndicated loan to fund Phase 1 Section 1 (Victoria Island to Eleko Village) of the Lagos–Calabar Coastal Highway, the Ministry of Finance announced Wednesday, July 9. The facility, led by Deutsche Bank, marks the largest syndicated loan ever obtained
July 10, 2025