JAIZ Bank Sells FOREX to SMEs
Jaiz Bank Plc, the premier non-interest bank in Nigeria has resumed selling of foreign exchange to operators of Small and Middle Enterprises (SMEs) to open up businesses and boost the nation's economy amidst Covid-19 pandemic.
The stated in a statement...
COVID-19: SMEs Can Access CBN’s N150bn Lifeline - FG
Small and Medium Scale Enterprises (SMEs) affected by Covid-19 can approach the Central Bank of Nigeria for a loan to restart their businesses, the Federal Government has said.
The government said the CBN has set aside N150...
CBN Resumes Dollar Sales For SMEs, School Fees
The Central Bank of Nigeria has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay school fees and Small and Medium Enterprises.
The CBN Director, Corporate Communications, Mr Isaac Okorafor...
N50bn CBN Loans To SMEs, Others End 2024
The Central Bank of Nigeria has set December 31, 2024 exit date for its intervention loans to the Small and Medium Enterprises and households aimed at cushioning the effects of coronavirus on businesses and the people.
It also...
AfDB Approves $22m For SMEs
The board of the African Development Bank on Wednesday approved a $22 million senior loan to help Egypt’s Corporate Leasing Company (Corplease) expand its operations in the North African country.
The decision signaled confidence in a burgeoning local market and in...
CDC Commits $39.2m To Support SMEs
CDC Group, the United Kingdom’s publicly owned impact investor, has announced the commitment of $39.2m to support the Small and Medium Enterprises in West Africa.
The company said in a statement on Monday that it was backing Verod Fund III...
