CBN: Nigerian Investors to Take Advantage of N220 Billion Credit Facility

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

---

You might also like:

• The CBN’s Plan To Redesign The Naira: 6 Facts You Should Know
• BREAKING: CBN To Redesign the Naira Notes
• Buhari Signs Startup Bill: What It Means
• Nigerian-Born Kemi Badenoch Nominated To Succeed Boris Johnson As UK’s Prime Minister

This article was first published on 22nd October 2015

---

---

Comments (0)