Tuesday, August 20, 2013

Nigeria Offers Hand Up to Entrepreneurs

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has disclosed that the N220 billion micro small and medium enterprises (MSMEs) fund will be accessed by Microfinance Banks (MFBs) at a maximum interest rate of nine percent.

Why does this sound like the Obama bail out that main street keeps complaining about not seeing a dime of it yet. O well. let's be looking. 

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