The China Development Bank has announced the approval of a $254.76m (€245m) loan to support the Kano-Kaduna railway project in Nigeria. According to information released on its website on Tuesday, the financial backing is expected to ensure the seamless continuation of the construction work. It said on its website, “China Development Bank released on Tuesday that the bank

Punch Newspapers

Chinese bank approves $254.76m loan for Kano-Kaduna railway

China Development Bank (CDB) released on Tuesday that the bank has recently granted a loan of 245 million euros ($254.76 million) to the Kano-Kaduna railway project in Nigeria, providing financial support for the smooth progress of the project.

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Central Committee of the Chinese Communist Party

China

China Development Bank grants first loan to railway project in Nigeria

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The China Development Bank (CDB) has granted a loan of 245 million euros ($254.76 million) to construct the Kano-Kaduna railway project in Nigeria.

Legit.ng - Nigeria news.

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Lagos

Nigeria

Chinese bank approves millions of dollar loan for project in Nigeria

The China Development Bank (CDB) has announced the approval of a $254.76m (€245m) loan to support the Kano-Kaduna railway project in Nigeria. This financial assistance aims to ensure the seamless continuation of construction work on the key infrastructure project. In a statement published on its official website, the CDB noted, “The China Development Bank has recently approved a loan of 245 million euros ($254.76m) to the Kano-Kaduna railway pro…

The Whistler Nigeria

China Development Bank Approves $254.76m Loan For Kano-Kaduna Railway Project

The China Development Bank (CDB) announced on Tuesday that it has approved a loan of $254.76 million (€245 million) for the Kano-Kaduna railway project in Nigeria.  The post China Development Bank approves $254.76 million loan for Nigeria’s Kano-Kaduna railway project  appeared first on Nairametrics.

Nairametrics

China Development Bank approves $254.76 million loan for Nigeria’s Kano-Kaduna railway project

By JOY ADARA, Abuja – In a significant boost to Nigeria’s transportation infrastructure, the China Development Bank (CDB) has approved The post China Development Bank injects $254.76m into Kano-Kaduna railway project appeared first on National Accord Newspaper.

National Accord Newspaper

China Development Bank injects $254.76m into Kano-Kaduna railway project — National Accord Newspaper

China Development Bank, CDB, has approved the first tranche of a $255 million loan for the Nigerian government’s Kaduna-Kano railway project. This was disclosed in a statement by CDB on Tuesday. The loan, according to the China Development Bank, will provide crucial financial backing to ensure the smooth construction of the transportation initiative. The railway [...]

mediatalkafrica.com

Nigerian Govt gets $255m Chinese loan for Kano-Kaduna railway project

The China Development Bank (CDB) has granted a loan of
$254.76 million for the construction of the Kano-Kaduna railway project in
Nigeria.   In a statement on Tuesday, the bank said the funding is
expected to support the smooth progress of the infrastructure project.   The CDB noted that the construction is being carried out by
China Civil Engineering Construction Corporation (CCECC), with financial
backing from the bank.   “The Kano-Kaduna rail…

Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

Chinese bank approves $254m loan for Kano-Kaduna railway project

January 08, (THEWILL) – The China Development Bank has approved a €245 million ($254.76 million) loan to support Nigeria’s Kano-Kaduna railway project. The bank disclosed this in a statement published on its website on Tuesday. “The bank has recently granted a loan of €245 million to the Kano-Kaduna railway project in Nigeria, providing financial support […]
The post Chinese Development Bank Okays  €245m Loan For Kano-Kaduna Railway appeared fir…

thewillnews.com

Chinese Development Bank Okays €245m Loan For Kano-Kaduna Railway

The Kano-Kaduna railway project is part of China's Belt and Road Initiative and is being constructed by China Civil Engineering Construction Corporation.  The post China Development Bank Approves $255 Mln Funding For Nigeria Rail Project appeared first on StratNews Global.

Chinese bank approves $254.76m loan for Kano-Kaduna railway

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