IFC, CBN Forge Partnership To Empower Nigeria’s Private Sector
The International Finance Corporation (IFC), a World Bank Group member, and the Central Bank of Nigeria (CBN) have announced a new agreement to expand local currency financing, aiming to unlock over $1 billion in investments across essential sectors of the Nigerian economy. In a joint statement issued Monday, IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso outlined the initiative, which will provide naira-based funding to sectors including agriculture, […]
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