Lotus Bank looks to $1 billion IsDB facility to bridge infrastructure gap in Nigeria

The Islamic Development Bank (IsDB) could avail the sum of $1 billion to Lotus Bank to back its bid to provide funds that could help plug Nigeria’s infrastructure gap, Kafilat Araoye, the chief executive of the Lagos-based non-interest bank, said. The capital support funding facility could help spur growth in the key sectors of the … Read more