Nigeria’s Bank of Industry has concluded a $1 billion three-year syndicated loan to support businesses and revitalize the industrial sector in the country.

“The deal demonstrates the capacity of financial institutions to continue their vital activities during the pandemic and their positive attitude to African risks”, Afreximbank, which served as facility agent and security trustee, said in an emailed statement late Tuesday. It is the largest international syndicated loan raised by a local financial institution since coronavirus outbreak, it said.

https://twitter.com/RiouxRemy/status/1344177106289307650

https://www.bloomberg.com/amp/news/articles/2020-12-29/nigeria-development-bank-gets-1-billion-loan-to-help-businesses?__twitter_impression=true


So sad Nigerians were kept in the dark.

U think these people care about Nigerians? Haha these guys don't have human feeling, I doubt if human blood run through their vein!

What they are concerned about is how to use this $1B dollars to buy the latest gadget, latest automobiles, latest aircraft and yatch, castles, masions and marry plenty wives! for themselves and family.