FG raises MSMEs loans to N5m at 9%

FG raises MSMEs loans to N5m at 9% …C0NTINUE READING HERE >>>

The Federal Government has raised the amount small businesses could access on single digit loans to N5 million to ensure the country’s inclusive economic growth.

The Managing Director and Chief Executive Officer, Bank of Industry (BOI), Dr Olasupo Olusi, made the announcement on Friday during a town hall sensitisation in Lagos on the Federal Government Grant and Loan Scheme.

The event was organised by the Federal Ministry of Finance in collaboration with the Federal Ministry of…

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