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Financing in naira: Nigeria and IFC sign an agreement

29/10/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dans le but d' accroître le financement en monnaie locale des Nigerian companies and to reduce currency risks, the Central Bank of Nigeria has signed an agreement with Soci& International Financial Accuracy (IFC

).

The partnership with Nigeria will enable IFC to manage currency risks and increase its investments in naira in agriculture, housing, infrastructure, infrastructure, infrastructure, infrastructure, energy, small and medium-sized enterprises, and creative industries. IFC aims to significantly increase its funding in Nigeria, aiming for more than $1 billion in the coming years. According to the information, “many of these sectors require financing in local currency, and IFC's partnership with the central bank is an essential tool in expanding access to this financing.”

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