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BOI, IFC sign $50 million loan to expand finance for Nigeria’s MSMEs

BOI, IFC sign $50 million loan to expand finance for Nigeria’s MSMEs

Bank of Industry Limited (BOI) and International Finance Corporation (IFC) have signed a $50 million senior loan to expand long-term financing for micro, small and medium-sized enterprises (MSMEs) across Nigeria. The deal forms part of a broader IFC investment package of up to $100 million in suppor...

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Verified on Nov 04, 2026

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