The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has opened applications for a $150m offshore expansion facility designed to provide Nigerian businesses with long-term, single-digit interest financing for expansion and modernisation.
The association disclosed this in a statement issued on Sunday, saying eligible companies can now submit applications through a dedicated digital portal unveiled during the Infrastructure Conference 2026 held at the Afrexim Tower in Abuja.
According to the statement, the financing initiative was developed in partnership with Germany-based commercial banking group ODDO BHF SE to improve access to foreign capital for Nigerian businesses and strengthen the country’s organised private sector.
The statement read, “The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, under the leadership of Jani Ibrahim, has officially commenced applications for its $150m Offshore Expansion Facility, a financing initiative developed in collaboration with Germany’s ODDO BHF SE to support the growth and
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