CBN should force banks to borrow to SME only at single digit interest rates. The banks should be compensated with other concessions. Banks in Nigeria today don’t do much borrowing to SME. So, where are people who don’t have capital expected to get it from? In other countries you have car loans, mortgage loan to…… Continue reading CBN, Make Banks Give Car, Housing, Student, & SME Loans At Low Interest
Tag: loans
Proverb on collecting loans
To collect loan sweet… Na to pay back be the wahala (challenge). – Pocahontas of Nairaland
Lagos State Employment Trust Fund LSETF gives additional loans to micro enterprises
The Lagos State Employment Trust Fund (LSETF) provided loans of between 50, 000 and 500, 000 to additional Lagosians on December 19, 2018. The beneficiaries were given offer letters. They were also given guidance on how to run a successful business by LEAPWORLD LIMITED. Speaking on the event, a representative of the Prince And Princess…… Continue reading Lagos State Employment Trust Fund LSETF gives additional loans to micro enterprises