doi:10.47001/IRJIET/2024.808010Francis, MichaelAbubakar, Sadiq AbdulazeezNuhu, Patience VictorInternational Research Journal of Innovations in Engineering & Technology
Most of them have low capital base while some are involved in diversion of funds. “The major challenge of the MFIs was access to finance,” noted Taiwo Oyedele, a partner at PwC Nigeria. “The major reason SMEs cannot access loans of commercial banks was that they cannot provide collateral...
described the N100 billion single digit interest rate intervention fund from the Central Bank of Nigeria (CBN) as a major development that would significantly boost the manufacturing capacity of firms in the industry, which would have been difficult to realise with financing from commercial ban...
In terms of funding, the Committee noted that the Bank has disbursed funds under its various agricultural interventions towards improving food supply in Nigeria. The Committee noted the disbursement of ₦107.60 billion to 548,109 farmers cultivating 703,619 hectares of land between Q4 2020 and ...