NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill
The Managing Director/ Chief Executive, Nigerian Export -Import Bank (NEXIM), Mr. Abba Bello has said the expedited passage of the Factoring Assignments (Establishment) Bill by the National Assembly will present better financing alternative for cash-strapped micro,...
BoI To Disburse N250bn To MSMEs At Single Digit Interest
The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated loan facility, which it received from the African Export-Import Bank last week, will be disbursed to Micro, Small and Medium...
Osinbajo To Attend MSMEs Clinic In Ibadan
The Vice President, Prof. Yemi Osinbajo, will visit Ibadan, the Oyo State capital, for the state’s edition of the Micro, Small and Medium Enterprises Clinic and a townhall meeting with the youths.
A statement on Sunday said the MSMEs...
When the Federal Government gave its nod for the establishment of the Development Bank of Nigeria (DBN), the reasons were legion, but most important of all was the tight conditions attached to getting credit facilities by the existing development Finance institutions, including the apex...
With about 70,000 micro, small and medium enterprises seeking various forms of financial intervention to take their businesses to the next level, there are concerns about the ability of the Development Bank of Nigeria (DBN) to meet such demands with its $1.3 billion (N398.45...
At its meeting presided over by the Vice President, Prof. Yemi Osinbajo, SAN, the National Economic Council, NEC, today endorsed a new funding regime for the oil and gas industry, eliminating the often arduous and onerous cash call regime which has dragged the industry...
