ICIEC backs Islamic financing for Lagos-Calabar coastal highway

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2025-10-08 06:05:20

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has announced its support for the Lagos-Calabar Coastal Highway Project in Nigeria through USD 466 million in Islamic financing, marking a major step in strengthening West Africa’s infrastructure network.

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The project will enhance West Africa’s connectivity, create local jobs, and promote sustainable, climate-resilient infrastructure in Nigeria.

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