Here are some of the loans available at the Central Bank of Nigeria (CBN): These loans and grant you can access if you are a business owner or an intending business owner of Nigerian origin. Central Bank of Nigeria (CBN) provides loans and grant through different schemes and in partnership with some major financial institutions disburses these loans and grant to SMEs that needs the support. Here are some of the loans below that you can use to boost your business if You fall within the categories of SMEs:
The Central Bank of Nigeria, as part of its effort to boost economic growth and reduce unemployment among Nigerians provides the following loans/grants to Nigerians across the Federation.
Below are some of the loans/grants readily available on applications:
1. Small and Medium Enterprises Agency (SMEDAN):
Are you a business owner and you are in need of a loan to support and boost your business, if so, here is one we have for you through the federal government Small and Medium Enterprises Agency (SMEDAN). We will be giving you more details about the loan and also provide you with the names of the financial institution with the federal government as regarding disbursement…. click here to continue reading
Also Read – Development Bank of Nigeria (DBN) – 2023 Entrepreneurship Training Program
2. Agricultural Funds – (AGSMEIS)
The Federal Government(FG) is supporting farmers and other artisan businesses real time with agricultural loans to help boost their businesses, with access fund of Three Million Naira (N3,000,000), via The Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS). On this page we will be giving and guiding you with details about the scheme requirement and how you can also apply for the loan successfully… Click Here
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3. Young Entrepreneur / NYSC Funds – (TIES)
The Federal Government is helping young school leavers with economic ideas to start early by providing loan/grant through The Tertiary Institutions Entrepreneurship Scheme (TIES)… Click Here
4. SMEs Funds – (MSMEDF)
Here is how you can apply for the Central Bank of Nigeria (CBN) Micro, Small and Medium Enterprises Development Fund (MSMEDF): on this page we will provide you with more information about… Click Here
6. Bank Of Industry (BOI)
Bank Of Industry (BOI), is providing credit facilities to businesses in Nigeria to help foster the economic recovery plans of the Federal Government. If you are a business owner you too can take advantage of the credit facility been offered by the Bank Of Industry (BOI);… Click Here
7. Youth Agripreneuship Apprentice Programme(YAAP) 2023
Here is exciting news for young school leavers who wishes to be self employed and start a profitable business, The IFAD Agrihub Nigeria Project, is channel towards developing the potentials of young entrepreneurs both with skills and finance. On this page we have more information for you about The IFAD Agrihub Nigeria, and also we will be guiding you on how to successfully apply for the project……..