26 results
- 6 Nov 2015
IFC Nigeria’s Portfolio Fits $1.7Bn
Mrs. Eme Essien Lore, country manager, IFC Nigeria, has said that International Finance Corporation’s total portfolio in Nigeria stood at 1.7 billion dollars (N334.87 billion). Lore made the…
- 2 Dec 2014
Support for Private Equity Takes Centre Stage at 4th Annual CBO
Mr. Mustafa Chike-Obi, managing director and chief executive officer of Asset Management Corporation of Nigeria (AMCON), has re-emphasised the need to support private equity to create a more suitable…
- 5 Feb 2015
IFC Partners AIICO to Extend Insurance Services to More Nigerians
IFC, a member of the World Bank Group, has announced an agreement to provide a $20 million convertible loan to AIICO Insurance Plc, to support its expansion activities across Nigeria. The expansion…
- 11 Mar 2015
IFC Launches the Lighting Africa Program for Nigeria
IFC, a member of the World Bank Group, has launched the Lighting Africa program for Nigeria, a joint initiative of IFC and the World Bank, will help increase access to affordable, clean and safer…
- 28 Apr 2015
IFC Boosts Zenith Bank’s Lending Portfolio with $100m
IFC, a member of the World Bank Group, yesterday signed an agreement to provide a $100 million loan facility to Zenith Bank Plc, to increase its lending to a variety of important economic sectors,…
- 12 May 2015
IFC, GE Healthcare Develop High Quality Health Diagnostics in Nigeria
IFC, a member of the World Bank Group, announced a partnership with SRL Limited, GE Healthcare and Echo-Scan Services Limited for the development of a chain of health diagnostic centers across…
- 21 May 2015
IFC, SECO Partner on Africa Corporate Governance Program to Nigerian Businesses
IFC, a member of the World Bank Group, and the State Secretariat for Economic Affairs, Switzerland today jointly launched the Africa Corporate Governance Program for Nigeria, to support economic and…
- 12 Feb 2016
IFC, NSIA Map out Strategies to Increase Investments in Nigeria
IFC, a member of the World Bank Group, and Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, have co-hosted a hospital sector focused roundtable to foster…
- 20 Sept 2016
IFC, DFID Partner to Improve Access to Electricity for More SMEs in Nigeria
IFC, a member of the World Bank Group and United Kingdom’s Department for International Development (DFID), have partnered to facilitate the deployment of off-grid and embedded solar systems in…
- 20 Nov 2016
IFC Supports SEC in Strengthening Market Integrity
IFC, a member of World Bank Group, and the Securities and Exchange Commission of Nigeria (SEC), are helping to strengthen market integrity with a standardized Corporate Governance scorecard for…
- 23 Dec 2016
IFC Helps Grooming Center Microfinance Expand Services in Nigeria
IFC, a member of the World Bank Group, has signed an agreement to provide a NGN 1.5 billion (about $4.8 million) loan to Grooming Centre, a leading microfinance institution in Nigeria, to increase…
- 10 Mar 2017
IFC Partners SEC, Others Promote Greater Involvement of Women on Boards
IFC, a member of the World Bank Group, Institute of Directors’ Centre for Corporate Governance and Women in Management, Business and Public Service (WimBiz) are collaborating with the Securities…
- 23 Nov 2017
IFC Invests to aid Better Access to Quality and Affordable Healthcare in Nigeria
International Finance Corporation (IFC) the largest global development institution focused on the private sector in emerging markets has announced that it recently committed an equity investment of…
- 2 Mar 2020
IFC, Union Bank to Support Nigerian SMEs & Women-led Businesses
IFC, a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in…
- 17 Jun 2020
IFC Invests in Zenith Bank to Support SMEs
IFC, a member of the World Bank Group, has announced an investment of up to $100 million in Nigeria’s Zenith Bank Plc to help it increase support to clients and companies whose cash flows have been…
- 25 Jun 2020
IFC Supports FCMB to Finance SMEs Facing COVID-19 Related Challenges
IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they…
- 20 Jul 2020
IFC Supports Access Bank with $50 Million Loan to Strengthen Local Businesses in Nigeria
IFC, a member of the World Bank Group, is providing a loan of up to $50 million to Access Bank Plc to help the bank increase liquidity to thousands of small and medium-sized enterprises (SMEs) in…
- 1 Sept 2020
IFC Supports Nigeria’s Plastics Packaging and Recycling Industries
IFC has announced a financing package to help Engee Manufacturing Limited, a leading Nigeria manufacturer of PET resin used in packaging for soft drinks, bottled water, and other household and…
- 11 Oct 2020
IFC, Union Bank Partner to Boost Access to Trade Finance in Nigeria
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and…
- 13 Oct 2020
Union Bank Secures $40m from IFC to Boost Trade
Union Bank said it has received a $40 million facility from the International Finance Corporation (IFC), a member of the World Bank Group, to boost access to finance for local business, increase…
- 21 Oct 2020
World Bank Report Suggests a Stronger Private Sector Could Boost Nigeria’s Economic Growth
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by…
- 29 Jan 2021
NSE, IFC Plan Roundtable on Gender Equality
The Nigerian Stock Exchange in partnership with the International Finance Corporation (IFC) will host a workshop to promote gender equality among listed companies on Tuesday, 2 February 2021. The…
- 9 Mar 2021
NSE Urges Private Sector to Challenge Gender Inequality
The Nigerian Stock Exchange (NSE) joined the rest of the world on Monday, 8 March 2021 to commemorate International Women’s Day (IWD) and the 7th Ring the Bell for Gender Equality. With the theme…
- 21 Dec 2021
Union Bank Joins IFC’s GTFP, Secures $40m to Boost Trade Finance
Union Bank Plc has received finance guarantee facility from the International Finance Corporation (IFC), a member of the World Bank Group that will help boost access to finance for local business,…
- 28 Jan 2015
IFC Invests in Lafayette Microfinance Bank to Expand Access to Finance for SMEs
IFC, a member of the World Bank Group, yesterday announced a loan facility of 400million Nigerian naira approximately $2.5 million, to Lafayette Microfinance Bank. The financing will support…
- 8 Dec 2014
IFC Lends $200m Loan to IHS for Tower Deal
IFC, a member of the World Bank Group, announced a commitment of $200 million to help IHS Nigeria expand its tower portfolio and create mobile phone infrastructure that will improve mobile call…