MFB Raises ₦6 Billion to Expand SME Lending

Advans La Fayette Microfinance Bank has raised ₦6 billion through its debut commercial paper issuance under a ₦20 billion programme. The bank said the funding will strengthen its ability to expand credit to micro, small, and medium-sized enterprises across Nigeria. This development comes at a time when many small businesses are struggling with high borrowing …
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