Home BUSINESS BANKING & FINANCE Bank Of Industry Okays N20 Million Technology Fund For Young Nigeria Innovators

Bank Of Industry Okays N20 Million Technology Fund For Young Nigeria Innovators

The Bank of Industry has approved a $20 million technology fund for young innovators, even as the Central Bank of Nigeria (CBN) has offered a N90 Billion soft loan facility for small scale agriculture enterprises.
A statement today, February 25, by a presidential spokesman, Laolu Akande said that the idea emanated from a meeting at the Presidential Villa, Abuja, which was presided over by Vice President Yemi Osinbajo, to review progress on the Buhari administration’s efforts to support MSMEs.
Akande recalled that the National MSMEs clinics driven by the Vice President has reached 26 States, with more Clinics to come in the series.
According to him, the National Agency for Food and Drug Administration and Control (NAFDAC) is now poised more than ever to register more Nigerians venturing into the food and drug businesses.More details to follow.