A colleague who urgently needed credit facility asked me, “How can I apply for a loan on online and what are the requirements?” Under 60 seconds I sent him the list of apps where he could access an online loan in Nigeria without collateral. In this post, I’ll share a piece of similar useful information […]
Eligibility Requirements For Online Loans in Nigeria Read More »
Another funding is here for farmers. If you haven’t heard about it, it’s called Smallholder Economic Interest Farmers Agricultural Cooperative or SEIFAC loan This is where it becomes very interesting… Usually, farmers prepare for raining season ahead of a plantation. Some of the activities farmers do before the raining reason include: That’s why SEIFAC launched
How to Apply for SEIFAC Loan From CBN Read More »
Do you know that there are several SMEs loans funded by the Central Bank of Nigeria (CBN) you can apply for to boost your business? We’ve got the full list here for you to pick the most suitable for your business and delve into how you can access them in our subsequent guidelines. One of
Full List of CBN SME Loans You Can Apply For (To Boost Your Business) Read More »
You’ve heard about CBN’s CIFI loan and wondering how to access it? We’ve compiled here the Nigerians banks where you can easily submit your application to access the loan. Purpose of the loan It is an on-lending scheme designed by Nigeria’s apex bank in collaboration with the Bankers’ Committee. It’s designed to boost job creation
Banks Where You Can Apply For Creative Industry Financing Initiative Loan Read More »
There are 955 Microfinance banks in Nigeria, the Nigeria’s apex bank licences them and are also insured by the Nigerian Deposit Insurance Corporation (NDIC). They are: Check the list of commercial banks, merchant, mobile money operators, and other organizations that provide financial-related service.
Full List of 955 Microfinance Banks In Nigeria Read More »
The Federal Executive Council on July 22, 2020, approved the sum of N75, 000,000,000.00 (N75Billion) for the establishment of the Nigeria Youth Investment Fund. NYIF Loan Interest Rate: 5% The NYIF is for the period of 2020 – 2023 dedicated to investing in the innovative ideas, skills and talents of Nigerian Youth. It is also aimed
Nigeria Youth Investment Fund Application Guidelines Read More »
For small scale entrepreneur to access any of the loans supported by the Central Bank (CBN), he must have undergone specific training at Entrepreneurship Development Centres or EDC which are certified by the apex bank. Also known as Entrepreneurship Development Institute (EDI), the centres are saddled with the mandate of developing entrepreneurship spirit among Nigerians.
Unbelievably, you need just N10,000 to become a SANEF agent provided you meet other eligibility requirements. For exited N-Power beneficiaries, the Central Bank of Nigeria WILL provide the takeoff capital for you. Gbam!…You become CBN-Certified Mobile Money Agent in your community. The difference between a super agent and an agent, we’ll tell you more in this
How To Become SANEF Agent With Just N10K in Nigeria Read More »
Do you know that there are loans that are specifically designed for women in Nigeria to build, expand, and grow their businesses? In this post, we’ll share with you funding opportunities for female business owners in Nigeria. If you want to stabilise the home, empower a woman, boost her business, support her financially in her entrepreneurial
Thousands of Nigerians have benefited from the Payroll Support Scheme, one of the funding programmes under the MSME Survival Fund On January 6, 2021, the Federal Government revealed 283,023 Nigerians had benefited from the programme. MSMEs is Nigeria’s Micro, Small and Medium Enterprises one the economic recovery plans after the COVID-19 pandemic. What Payroll Support Scheme Is About The Payroll
Breakdown of Payroll Support Scheme Beneficiaries in Nigeria Read More »
The best of Business news, in your inbox.
