The Africa Banking Brief

Stories · Wednesday 28 October1 story

Nigeria

Bank of Industry signs $30m AFD facility for creative industries

The Bank of Industry and France's Agence Française de Développement signed a $30 million credit facility. The facility is intended to support Nigeria's creative and cultural industries.

Financing · announced$30mThisDay · allAfrica Banking +2 more

$30m

Stories · Tuesday 27 October1 story

Nigeria

Bank of Industry secures $2.5bn in new funding since 2024

The Bank of Industry has secured more than €2.22 billion and N250 billion in new funding from transactions concluded between 2024 and 2026. The development lender says the funds will help close Nigeria's industrial financing gap.

Financing · announced$2.5bnBusinessDay

$2.5bn

Stories · Thursday 22 October1 story

Nigeria

Bank of Industry reports record N644.9bn disbursements in 2025

The Bank of Industry said it disbursed N644.9 billion to 12,501 businesses in 2025, up 26% from N510.9 billion in 2024. The bank also reported creating or supporting 1.68 million jobs and set a target of N1.35 trillion in annual lending by 2027.

News · completedguardian.ng · ua.news +1 more