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FSDH Merchant Bank Signs N20m Facility with AfDB to Boost Business in Nigeria

Business | FSDH Merchant Bank has signed $20 million Trade Finance Facility Agreement with the African Development Bank (AfDB), aimed at significantly impacting trade financing across emerging sectors in Nigeria. Under the terms of the agreement, the Trade Finance Facility comprises a $15 million Trade Finance Line of Credit tailored to support medium-sized businesses and indigenous corporates engaged in international trade value chains along with a $5 million Transaction Guarantee aimed at ....

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