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    Home » Nigeria to issue guarantee note to lenders to Bank of Industry -minister

    Nigeria to issue guarantee note to lenders to Bank of Industry -minister

    November 20, 2019
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    Nigeria to issue guarantee note to lenders to Bank of Industry -ministerAbuja — Nigeria will issue a sovereign guarantee note worth 500 million euros to Credit Suisse and a syndicate of international lenders, the minister of state of finance, budget and national planning said on Wednesday.

    The minister said the note would serve as collateral for a loan facility the syndicate is setting up for the government-owned development lender Bank of Industry.

    • Reuters

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