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Nigeria

Nigerian company to provide supply chain financial solution in...

Linkifin, a leading financial technology company in Nigeria, announces a new partnership with the South African company... (more…)

#banks#cash-flow#invoice

Nigerian startup to support businesses with their KYC requirements 

...a Nigeria-based payment startup, has launched..., a screening solutions platform that helps businesses... (more…)

#bank#digital#international


New software to boost Nigerian trade finance

Nigeria’s foray into trending global digital banking system got a new boost, as Interswitch Transnational reached a new deal... (more…)

#financial services#management#risk management


Hegeworth Factors becomes shareholder member of IFG

Recently incorporated Nigerian factor joins International Factors Group (more…)

#financial services#international#leasing


Heritage Bank reports USD140billion SME funding shortfall

Bank study suggests serious lack of access to finance for Nigerian small businesses (more…)

#bank#business finance#forum


Afreximbank to host factoring seminar in Lagos

Event will aim to heighten awareness and lay ground work for new regulations (more…)

#bank#exports#factoring law


Access Bank commits to support SME contractors

Access Bank says it will provide proactive business banking solutions, including working capital finance to contractors... (more…)

#bank#banks#forum


ASBON to set up SME bank

The Association of Small Business Owners of Nigeria (ASBON) is working on establishing an SME mini bank to enable SMEs…

#bank#international#microfinance


Heritage Bank SME Clinic in Lagos unveiled

Heritage Bank offers concessionary funding support to SMEs. (more…)


AfDB offers lines of credit worth USD700m to two...

The African Development Bank (AfDB) has offered lines of credit to two Nigerian institutions, worth US$700million, with the aim of…

#African Development Bank#bank#exports


FCMB and Citibank agree USD20m loan to boost SME...

First City Monument Bank Plc (FCMB) has secured a US$20 million, three-year term loan from Citigroup Global Markets Limited (Citi),…


Banks finance government debt at the expense of businesses

Banks continuous preference for zero-risk investments in government securities have been hindering increased funding intervention in the real sector. (more…)

#bank#interest rates#liquidity

IFC and Africa Capitalization Fund agree USD70m SME financing...

The International Finance Corporation (IFC) and the Africa Capitalization Fund, a private equity fund managed by IFC Asset Management Company,…

#bank#financial services#international

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