Jaiz Bank Plc on Tuesday confirmed that it secured a N3 billion financing facility from the Bank of Industry (BOI) to support its lending to Small and Medium Enterprises (MSMEs) in the country The Managing Director of the bank, Hassan Usman, who disclosed this in Abuja said that assured that the fund would be disbursed […]
Tag: MSMEs financing
DBN To Support 10,000 MSMEs With Low Interest Loans
The Development Bank of Nigeria on Tuesday disclosed that it has entered into partnership with LAPO Microfinance Bank to support 10,000 Micro, Small and Medium Enterprises (MSMEs) with low interest loans. The bank stated that the loan was part of various initiatives aimed at tackling the financial challenges facing MSMEs nationwide. The bank’s Managing Director, […]