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Nigeria

GTBank, DBN offer US$69.53m funding to Nigerian SMEs

Guaranty Trust Bank plc (GTBank) is partnering with the Development Bank of Nigeria (DBN) to disburse NGN 25bn (US$69.53m) funding to entrepreneurs in Nigeria’s micro, small and medium enterprises (MSMEs) sector in line with its long-term commitment to growing small...

#bank#financial institution#MSME

Nigeria not in top five African factoring markets

Nigeria is not among the top five countries in Africa's factoring market, worth... (more…)

#bank#conference#guarantees


FSCF Nigeria receives CBN’s licence to start trade receivables...

Factoring and Supply Chain Finance Ltd (FSCF) has secured the license from Central Bank of Nigeria (CBN) to start... (more…)

#trade receivables financing


Interswitch and Microsoft partner to launch SCF in Nigeria

Microsoft and pan-African digital payments company Interswitch Group have announced... (more…)

#bank#blockchain#digital


Legislation hampers €2.5tr global factoring deals in Nigeria

On his third visit to Nigeria, Peter Mulroy, the Secretary-General of FCI... (more…)

#factoring legislation


Nigeria to establish SME microfinance bank

To support small-scale businesses in Abia state, the state government has disclosed plans to establish a small and medium enterprise…

#bank#business finance#invoice


NEXIM Bank calls for speedy passage of factoring bill...

The Nigerian Export-Import (NEXIM) Bank has called for the speedy passage of the factoring bill presently before... (more…)

#bank#exporters#international


Factoring bill to bring great benefits to MSMEs...

James Emejo, the author of this article, explores the benefits of the factoring bill, which is being promoted by the...…

#bank#exporters#international


Quick passage of factoring law called crucial in Nigeria

The quick passage of a law on factoring in Nigeria is a crucial step in facilitating the ease of... (more…)

#bank#factoring law#management


NASS pledges speedy passage of factoring bill in Nigeria

Mr Jones Onyereri, the Chairman, House Committee on Banking and Currency, recently said the National Assembly (NASS) would... (more…)

#bank#Factoring bill#factoring law


NEXIM bank to offer factoring to MSMEs in Nigeria

The Nigerian Export- Import Bank (NEXIM) is considering factoring as best option for financing... (more…)

#bank#confirming#exporters


Factoring assignment bill to boost international trade in Nigeria

Financial experts who converged at the public hearing held at the House of Representatives on Tuesday (10 July) disclosed... (more…)

#assignment of receivables#bank#exporters

Nigeria to accelerate the enactment of factoring act

Members of the Banking Committee of the Nigerian Senate and the Banking and Currency Committee of the House of Representatives…

#bank#financial services#international

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