Press Release: CBN establishes Small and Medium Enterprises (SME) Credit Guarantee Scheme (SMECGS)

In a bid to unlock the tight credit market in Nigeria, enhance credit to the real sector, and complement its 500 billion Naira Power/Manufacturing facility; the Management of the Central Bank of Nigeria (CBN) has approved the establishment of a N200 billion Small and Medium Enterprises Credit Guarantee Scheme (SMECGS), to promoting access to credit by manufacturers and SMEs in Nigeria.

Post Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *