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Nigeria

IFC partners with Nigeria’s Union Bank to support trade...

To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC announced a partnership with Union Bank of Nigeria Plc to help the bank expand lending to hundreds of businesses operating in critical sectors in...

#bank#emerging markets#guarantees

Nigeria’s Bank of Industry Partners with the IFC to...

Nigeria’s Bank of Industry (BoI) is certainly making waves. Having just won four international banking awards in November 2022, the…

#supply chain finance


Nigerian start-up launches invoice management system

Nine months after it was founded Nigerian start-up company, Exin Versa, has launched an invoice management system for its clients.…

#supply chain finance


IFC approves US$35m to support trade and working capital...

The International Finance Corporation (IFC) has approved a credit facility of ... (more…)

#working capital


Nigerian fintech proposes acquisition to expand SME lending

Nigeria’s credit-led SME fintech has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in saving…

#SME lending


Central Bank of Nigeria asked to suspend import, export e-invoice...

Central Bank of Nigeria (CBN) was urged by the House of Representatives to suspend the implementation of... (more…)

#Central Bank of Nigeria


NEPC to implement factoring and forfaiting in Nigeria

During the 1st National Conference on factoring and forfaiting in Nigeria, which took place on ... (more…)

#bank#conference#exports


NCDMB, NEXIM Bank sign MoU on US$30m working capital...

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Export-Import Bank (NEXIM) signed... (more…)

#working capital fund


Union Bank launches UnionPro to develop local trade

Union Bank, Nigeria has launched UnionPro, an offer to provide ... (more…)

#Union Bank#Union Bank


Nigerian company offers invoice discounting and purchase order financing...

...has unveiled a potpourri of financial products to Nigerians... (more…)

#bank#invoice#purchase order


IFC and Union Bank Partner to boost Nigeria’s trade...

IFC, a member of the World Bank Group, has announced a finance... (more…)

#bank#guarantees#international


Union Systems launches Nigeria’s first multibank trade finance portal,...

Union Systems Limited, a leading financial technology company, announced the launch of ... (more…)

#bank#cloud#international

NEXIM Bank charges NASS on Nigerian Factory Bill

The Managing Director, Nigeria Export-Import (NEXIM) Bank, Mr Abba Bello, has charged the National Assembly (NASS) to expedite action on…

#Factoring bill

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