Business Vitafoam’s N2b facility to lessen short-term Borrowing, others –

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Vitafoam Nigeria Plc has said the four-year N2billion soft loan secured from the Bank of Industry (BOI), would reduce the burden associated with short-term borrowing and ensure appropriate business planning. The BOI’s 12 per cent annual interest capital support facility, compared with the 25 per cent commercial bank rate as at …






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