Archives Tag: CIFI
Union Bank Intervention Funds: CIFI and MAS
April 19, 2022
Central Bank of Nigeria Creative Industry Financing Initiative In a bid to improve access to long-term low-cost financing for entrepreneurs and investors in the creative and information technology (IT) sub-sectors, the Central Bank of Nigeria in collaboration with the Bankers’ Committee launched the Creative Industry Financing Initiative (CIFI). This project is part of efforts made … Continue reading Union Bank Intervention Funds: CIFI and MAS
By ugo-chinedu
Did You Know? The CBN is Giving Up to ₦500 Million in Loans to Creative Businesses
April 19, 2022
The Central Bank of Nigeria says it’s now disbursing loans to businesses in the creative industry. It’s looking to provide funding worth up to ₦500 million to enterprises working in this space, as part of its Creative Industry Financing Initiative (CIFI). The sectors targeted by this program are fashion, information technology, and entertainment. If you’re … Continue reading Did You Know? The CBN is Giving Up to ₦500 Million in Loans to Creative Businesses
