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CBN unveils N50bn COVID-19 credit facility

CBN, Oyo

…SMEs to get maximum of N25m, households N3m Due to the severe consequences of the epidemic outbreak on livelihoods of Nigerians and business activities across the country, the Central Bank of Nigeria (CBN) has unveiled N50 billion targeted credit facility for households and Small and Medium Enterprises (SMEs) that are badly affected by the virus. […]

NIRSAL’s 4m jobs boost for poverty alleviation – BMO

The Buhari Media Organisation (BMO) has commended the four million job creation initiative of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) through its N102 billion credit facility. The BMO said NIRSAL’s efforts at securing the loans from commercial banks to businesses across the various agricultural value chain is encouraging and will boost […]

Housing: Increase your credit facility to Nigeria, FG urges Shelter Afrique

In a bid to address the issue of housing deficit in the country, the Minister of State for Works and Housing, Abubakar Aliyu, has appealed to Shelter-Afrique, a leading pan African housing development and finance institution to increase its credit facility aimed at providing quality and affordable housing to Nigerians. The minister made the appeal […]