The coast is now clear for former NYSC members to submit their applications for the Tertiary Institutions Entrepreneurship Scheme (TIES). The programme is a brainchild of the Central Bank of Nigeria (CBN) in pursuant to the CBN Act, 2007 to reduce unemployment among young graduates by supporting their creative and innovative ideas financially. Recalled that the governor […]
One of the biggest credit facilities supported by the Central Bank of Nigeria is Agric-Business Small and Medium Enterprises Investment Scheme (AGSMEIS). It isn’t just designed to make Nigeria self-sufficient in what we consume, but also to reduce the rate of unemployment across the country. As an applicant, you must either have an existing agri-business
AGSMEIS Loan Business Plan: 8 Key Sections You Must Prioritize Read More »
It is not a good time for some applicants of the CBN-backed covid-19 as they continue to receive unauthorised debit alerts from Nirsal Microfinance Bank (NMFB). Please I need help I applied for Nirsal covid-19 loan they credited me and debited me at once leaving 1,946 on the account I don’t understand please reply me
We’ve said severally how difficult it is for small business owners to access financing, but getting the right information to know the right credit facility for SMEs is also very important. Do you know that even when the loans are available, the eligibility requirements and the interest rates by the commercial banks are not always
33 Nigerian Banks Where You Can Get DBN Loan For Your Business Read More »
Nirsal Micro Finance Bank (NMFB), a CBN-dedicated bank for disbursement of government loans, has assured small business owners and individuals who accepted the loan offer of the government would receive a credit alert. The bank made the assurance on its Facebook page while reacting to the delay in the disbursement of loan applications and assured
Those Who Accepted Our Loan Offers Will Receive Credit Alert – NMFB Read More »
The recent N250,000,000,000 Gas Intervention Fund by the Central Bank of Nigeria (CBN) is one of the several financing programmes for a quick economic recovery. The essence of the gas fund is to support the propagation of gas while creating massive jobs for millions of unemployed Nigerians through access to financing. Nigeria’s government is implementing
15 Key Points To Include in CBN Gas Intervention Fund Application Read More »
Who received the N75Bn CBN loan? That is one of the questions on the lips of millions of Small and Medium Enterprises (SMEs) who applied but were not selected for the National Youth Investment Fund (NYIF) loan. The NYIF loan is an initiative of the Federal Ministry of Youth and Sports in collaboration with the Central
How Many SMEs Benefited From NYIF Loan? Read More »
Loan applicants under the Agri-Business Small Medium Enterprises Investment Scheme (AGSMEIS) since the beginning of August 2021, started receiving messages from the Nirsal NIRSAL microfinance bank about the status of the fund applications. What is Loan Decline? Loan decline is a situation whereby a lender feels your application for a credit facility doesn’t meet the required
There are hundreds of Nigerians who have nice business ideas but are being impeded by a lack of access to financial support. And one of the coolest and cheapest ways to get capital for your business is to have access to grants or low-interest rate financing. A business-minded undergraduate student can also explore the platforms
Top 12 Funding Platforms for Small Business Owners in Nigeria Read More »
Lagos State Government recently said it had dolled out over N100 billion to Micro, Small, and Medium Enterprises. Research conducted by our team shows that the state government is massively granting loans to small business owners in the commercial city. If you’re not a Lagos resident, you can the list of other finding platforms that
How To Apply For Lagos State Employment Trust Fund (LSETF Loan) Read More »
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