magnetic dipole is also called current loop ya they both r different things
Magnetic dipole is an arrangement of two magnetic poles of equal magnitude but opposite strengths separated by a finite distance is called a magnetic dipole.
Now, a current carrying circular loop behaves like a magnetic dipole with one face as south and the other being north.
Magnetic dipole of the current loop is given by, M= nIA
where I is the current,
A is the area of the loop
and n is the number of turns.