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    Eaglesfm 102.3 The bedrock for quality broadcasting

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NEWS

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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BUSINESS

Dangote refinery secures licence to refine 300,000bpd crude

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude,” Dangote said in an interview in Riyadh on the sidelines of the Saudi-Nigeria business roundtable, according to Bloomberg. “We’re more than […]

todayNovember 13, 2023 104

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