The Central Bank of Nigeria has urged investors belonging to the micro and medium categories to take advantage of the institution‘s N220 billion credit facility for the development of Micro, Small and Medium Enterprises (MSMEs).
This was announced by CBN Consultant, Yakubu Abdalla at a fund sensitization event in Gombe State. According to him, the fund aims to trigger job creation in the country’s private non-formal sector, targeting co-operative society members.
Notably, over 90% of Nigerians are unaware of the the fund’s existence, Abdalla states.
Source: The Nation
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This article was first published on 22nd October 2015
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Ify Halim is a Writer and media enthusiast based in Lagos. She enjoys writing self-help/inspirational articles with published work in UYD Magazine, Edufrica, Our Stories Inc. and The Keele Concourse. She currently works at ConnectNigeria.com, Nigeria’s Information Portal. Follow her on Twitter @MissHalim or visit her online space at ifyhalim.wordpress.com
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