A €60 million EIB cocoa dairy facility targets Nigeria's processing sector, backing a ban on raw bean exports. 70% of the €85M package funds cocoa and.

Nigeria’s foremost development finance institution, Bank of Industry (BoI) has secured a 60 million euro credit facility from the European Investment Bank to fund Nigeria’s cocoa…

Mr Tinubu stressed that Nigeria was committed to processing more of its cocoa locally, expanding chocolate manufacturing, building indigenous brands, and competing more…