IFC partners CBN to improve local currency financing in Nigeria

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IFC partners CBN to improve local currency financing in Nigeria …C0NTINUE READING HERE >>>

The International Finance Corporation, IFC, has signed an agreement with the Central Bank of Nigeria, CBN, to increase local currency financing to enable private businesses in Nigeria to grow and thrive.

In a statement on Monday, the CBN said the collaboration would enable the IFC to manage currency risks and increase its investment in Nigerian naira across priority sectors of the economy, including agriculture, housing, infrastructure, energy, small and medium enterprises…

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