The World Bank’s private sector arm, the International Finance Corporation (IFC) has issued N12 billion ($75 million) of its debut Nigeria local currency bond. Reuters Tuesday quoted a banker who had knowledge of the deal to have disclosed that the fixed income instrument had a yield of 10.2 per cent. […]
Tag: IFC
Unmet Credit Needs in Developing Countries Hits $850 bn SMEs, $2.5 trillion Micro SME’s
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) -Unmet credit needs of formal Small and Medium Enterprises (SMEs) in the developing world is estimated to be $850 billion; while that of Micro, Small, and Medium Enterprises is estimated to be $2.5 trillion. This is contained in a new study “Assessing Private Sector […]
200 Million People Unemployed Worldwide-IFC Report
–Middle East, North Africa Top List By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-200 million people are reported to be currently unemployed globally according to a new study by the IFC, a member of the World Bank Group and made available to www.investadvocateng.com. The study “Assessing Private Sector Contributions to Job Creation,†[…]
