Business Loan

How To Write Business Plan for NEXIT/CBN Loan

If you are part of the N-Power batches A and B beneficiaries and if you are invited for the five days training that will lead to the collection of the 3 million naira loan You will be required to write a business plan Writing a business plan can be overwhelming especially if you are a …

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nexit/cbn loan business plan

NEXIT/CBN Entrepreneurship Loan 2022

The federal government has flagged the NEXIT/CBN  Agri-Business Small and Medium Enterprises InvestmENT Scheme for  N-Power beneficiaries Batches A and B. The N-power exit and CBN loan scheme is part of the federal government commitment to poverty reduction and employment generation Under this investment scheme, selected and qualified N-power  participants will get a loan of …

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Get Up to $1m Fund from African Small Business Catalyst Programme

The U.S. International Development Finance Corporation (DFC) and U.S. African Development Foundation (USADF) have launched the African Small Business Catalyst (ASBC) to bolster early growth-stage small and medium enterprises (SMEs) in sub-Saharan Africa. ASBC is a business accelerator that supports SMEs with loans ranging from USD$100,000 to USD$1 million and offers technical assistance (TA) and …

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African Small Business Catalyst

Bank of Agriculture and SMEDAN Matching Fund Programme (up N5million loan)

As a concept, pioneered in Nigeria by Development Finance Institutions (DFIs), fund matching has proved popular and successful in making micro and small enterprises (MSEs) attractive to access finance. The strategy requires the fund matching partners (often a DFI and an MSMEs-promoting institution/Government) to share the risks of making funds available to target MSEs – …

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Apply for the NEPC N50billion Export Expansion Facility Programme (EEFP) 2021 for Nigerians

In line with the implementation Of the Export Expansion facility under the Federal Government’s National Economic Sustainability Plan (ESP); which incorporated the revival and launching Of the Export Development Fund (EDF) as incentive to boost export; the Nigerian Export Promotion Council is embarking in the implementation of one of its mandate of developing and promoting …

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CBN/NIRSAL Loan 2021 – Access up to N25 millions for Households and MSMEs

The Central Bank of Nigeria (CBN) in conjunction with NIRSAL Microfinance Bank, has reopened the portal for Small and Medium Enterprises and households to access up to N25 Million. The Central Bank of Nigeria in 2020 introduced a stimulus package with the aim of supporting Micro, Small and Medium Enterprises and households that were affected by the …

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SMEDAN and Bank of Agriculture (BOA) Open N5m Loan to Support Businesses

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA) are building synergy towards boosting the capacity of micro-businesses across the country with a Matching Fund Programme. A statement issued by the Corporate Affairs Unit of the agency in Abuja quoted the Director-General and Chief Executive Officer of SMEDAN, …

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Access up N3m from the N75Bn Nigerian Youth Investment Fund

The Federal Government, through the ministry of youth and sports development, has launched a N75 Billion investment fund called The Nigerian Youth Investment Fund (NYIF) to empower young entrepreneurs to start and scale their business. The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports …

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Apply for the Enugu SME Business Support Loan

The Enugu State Government, through its SME Center, is offering collateral-free business loans to SMEs in the state. This SME Business Support Loan is being made available in collaboration with Lidya, a digital bank. The Enugu SME Center was set up to drive enterprise growth and job creation, and spur widespread economic development in the state. …

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What Banks Look for When Reviewing a Loan-to-Value Application?

Every earning person wants to get a good home for himself. If you are financially sound, you can spend a large sum of cash and get your home in one go. Most people living in the UK do not go for this option because it is not that easy to implement. Hence, they opt for …

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