Global Trade Alert
Global Trade Alert

Nigeria: Bank of Industry secures EUR 1 billion for MSME lending

Announcement

16 Aug 2022

In August 2022, the Nigerian Bank of Industry concluded a EUR 1 billion (USD 1.01 billion) syndicated term loan for onward lending to the local micro, small and medium-sized enterprises (MSMEs). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Aug 2022

Revocation date:

No revocation date

Updated: 16 Aug 2022
State loan In force
On 16 August 2022, the Nigerian Bank of Industry (BOI) announced the conclusion of a EUR 1 billion (USD 1.01) loan syndication transaction from international markets for onward lending to domestic mic...
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