Nigeria Gets Fresh $500m World Bank Loan for Small Businesses

By Adedapo Adesanya The World Bank has approved a $500 million facility for Nigeria to expand longer-term lending to small and medium sized businesses. Approved under the Fostering Inclusive Finance for MSMEs in Nigeria (FINCLUDE) project, the package comprises a $400 million International Bank for Reconstruction and Development (IBRD) loan and a $100 million International

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