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BOI to channel 70% of €85m EIB facility to drive Nigeria’s cocoa, dairy sectors

BOI to channel 70% of €85m EIB facility to drive Nigeria’s cocoa, dairy sectors

Nigeria’s foremost development finance institution, the Bank of Industry (BOI), has secured a €60 million credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value-addition drive, with a focus on processing, ingredients, and chocolate manufacturing. The Managing Direc...

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Verified on Jul 17, 2026

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