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Nigeria

FCMB secures $15m ITFC deal to boost Nigeria’s trade...

FIRST City Monument Bank (FCMB) has announced a US$15m Master Murabaha Agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group. The agreement, signed during April's World Economic Forum in Saudi Arabia,...

#bank#forum#international

Demica facilitates SCF expansion to Nigerian businesses

Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses,…

#supply chain finance


Afreximbank to offer SCF in Nigeria in partnership with Sterling Bank

African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…

#supply chain finance


Nigerian fintech Duplo launches Vendor Management Portal

Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their…

#accounts payable#cash-flow#invoice


eBiashara signs partnership with FMDQ Group Nigeria for SCF

eBiashara, a pioneering force in innovative fintech solutions, has announced its strategic partnership with FMDQ Group Nigeria, a leading financial private…

#liquidity#supply chain finance


Nigerian digital invoice financier raises US$4.5m new funding to...

Zuvy, a Nigerian based invoice financing fintech, has raised... (more…)

#digital lending


Fiducia rolls out SCF solution in Nigeria

Fiducia, a Nigerian technology-leveraged supply chain financing platform, has rolled out the first-of-its-kind solution that will further drive the growth…

#Fiducia#supply chain finance


Afreximbank delivers US$10m trade finance facility to Parallex Bank,...

African Export-Import Bank (Afreximbank) has provided a US$10m trade finance... (more…)

#bank#Benedict Oramah#international


Afreximbank enhances financing facility for Fidelity Bank to US$180m...

African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility... (more…)

#Fidelity Bank


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…

#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

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