Dangote Refinery IPO Oversubscribed: $1.6B Domestic Target Hit, International Demand Exceeds $2.1B
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The Nigerian Credit Guarantee Company (NCGC) has guaranteed N64.13 billion in loans to 174,495 borrowers across all 36 states and the FCT, according to company official Mr. Okhaimo. This expands credit access for businesses and individuals, potentially supporting domestic economic activity. The scale and impact on financial inclusion remain to be fully assessed.
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