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FG Secures $747 Million Loan for Lagos-Calabar Coastal Highway

Lagos-Calabar Coastal Highway The Federal Government has secured a $747 million loan facility to fund Phase 1, Section 1 of the Lagos-Calabar Coastal Highway project, in what is being described as a milestone for infrastructure financing in Nigeria. The Ministry of Finance announced on Tuesday that the facility was arranged by Deutsche Bank, covering the stretch of the highway from Victoria Island to Eleko Village in Lagos State. The project […]

todayJuly 10, 2025 16

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