Business

MSMEs received below 7% of CBN’s N10trn loan – Report

The Central Bank of Nigeria, over ten years, allocated a mere 6.63% of the total N10.39 trillion loan disbursed to various sectors as intervention programmes, to support Micro, Small, and Medium Enterprises. This follows a report of the apex bank, revealing that a total of N689 billion was allocated to the sector between August 2013 […]