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$1.25bn Annual Loss: Maritime Bank Secures $150m To Upgrade Shipyards

To stall the annual loss of $1.25 billion due to the absence of a functional shipyard in Nigeria, the Regional Maritime Development Bank (RMDB) has announced that financing is currently being secured for a $150 million upgrade and expansion of a major shipyard in Nigeria. LEADERSHIP reports that the lack of functional shipyards have cost […]


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