IFC To Boost Nigeria’s Local Currency With $1bn

IFC To Boost Nigeria’s Local Currency With $1bn …C0NTINUE READING HERE >>>

International Finance Corporation (IFC), a member of the World Bank Group, said it will provide up to $1 billion in financing to Nigeria over the coming years to help manage the nation’s currency risk in a new agreement signed with the Central Bank of Nigeria (CBN).

The IFC, in a statement issued on Monday morning, said it will be providing the foreign currency financing to enable private businesses in Nigeria to grow and thrive.

According to the statement, the partnership will…

>