StanChart Targets Mid-Sized African Companies for Debt Sales

Customers queue to withdraw newly-designed Nigerian naira banknotes at a Standard Chartered Bank Nigeria Ltd. branch in Lagos, Nigeria, on Monday, Feb. 6, 2023. Central Bank Governor Godwin Emefiele has defended his decision to replace 2.7 trillion naira ($5.85 billion) of cash outside the banking system even as scenes of chaos have unfolded all over Nigeria, where the vast majority of transactions are still done in cash. Photographer: Benson Ibeabuchi/Bloomberg