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All posts tagged "development finance institution"
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Government to crash interest rates with special bank
The Federal Government has unveiled plans to establish a special finance institution that will attract funds into the economy at lower interest rates. The Minister of Finance and the Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala,...
- Posted August 27, 2013
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Lending: CBN simplifies collateral requirements for SMEs
The Central Bank of Nigeria has unveiled plans to simplify the collateral requirement for lending to Micro, Small Medium-Scale Enterprises. This move, according to the Director, Development Finance Institution, CBN, Mr. Paul Eluhaiwe, will enable the MSMEs...
- Posted August 20, 2013