Central Bank Nigeria’s Collateral-Free Loan for Small Businesses

Did you know about Central Bank Nigeria’s Collateral-Free Loan for Small Businesses? In order to drive the initiative of economic sustainability and employment generation by supporting government policies for the promotion of agricultural businesses, Micro, Small and Medium Entreprises (MSMEs); the Central Bank of Nigeria has introduced a scheme called CBN Agric-Business/Small and Medium Enterprises …

Details of CBN EDC (Entrepreneurial Development Centres)

The CBN EDC (Entrepreneurial Development Centres) in Nigeria are built to provide, training materials, equipment, human resources and other facilities that would assure internationally competitive, effective and sustainable services capable of meeting the needs of MSMEs in the country. The CBN’s drive to ensure economic sustainability in tandem with the Federal Government’s initiative has led …

FirstBank Supports Schools With Over N10 Billion In Loans

On January 16 2020, FirstBank of Nigeria Limited announced that it had supported the educational sector with loans worth over N10 billion within the last year. The bank was able to do this via its FirstEdu product, an educational solution created to enhance the educational facilities and generally improve the quality of education across the …