The 79th United Nations General Assembly has yielded a significant breakthrough for Nigeria after the US Chamber of Commerce pledged $320 million to support mortgage financing, small and medium enterprises (SMEs), and other key sectors.

At a US-Nigeria Executive Business Roundtable hosted by the US Chamber of Commerce, NISHA BISWAL of the American International Development Finance Corporation announced that with a portfolio of $1 billion, it was investing $200 million in mortgage refinancing in Nigeria.

These were contained in a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, STANLEY NKWOCHA. 

BISWAL said the American Chamber remained committed to working with Nigerians in the development and pursuit of sustainable economic policies.