European Investment Bank and African Development Bank to support private sector investment in Nigeria with Development Bank of Nigeria backing

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a US $20-million equity stake in the new financing institution, alongside US $50-million equity participation from […]

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Develo...

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