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Nigeria: Bank of Industry initiates USD 1 billion loan scheme for MSMEs

Description

On 24 December 2020, the Nigerian Bank of Industry (BOI) announced conclusion of a USD 1 billion loan syndication transaction from international markets for onwards lending to domestic MSMEs. The lend...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Dec 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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