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ICIEC Financing for the $466m Lagos-Calabar Coastal Highway Project in Nigeria

Posted by Anthony Davis

|October 09, 2025

ICIEC Financing for the $466m Lagos-Calabar Coastal Highway Project in Nigeria

In a move set to reshape West Africa’s transport landscape, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is backing a landmark USD 46...

Weekly Spot Prices - 03 Jul 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	527–550	▼
Europe · Delivered	415–450	▼
Asia · Delivered (bulk)	460–560	▲
USA · Bulk	550–735	▼

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Deutsche Bank

ICIEC Financing for the $466m Lagos-Calabar Coastal Highway Project in Nigeria

Deutsche Bank

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